Embassy Property Developments Private Limited - C Rated (INE003L07150)

Embassy Property Developments Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE003L07150, with a face value of ₹8,70,920 rs on 26Mar21 to raise 600 crores. The debt instrument is issued with a coupon rate of G SEC LINK and its interest is paid Subject to Availability of Funds. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 10YEAR GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. SERIES 1.DATE OF MATURITY 28/04/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 01Apr21. Acuite Ratings And Research Limited has given PP-MLD C rating to this Debenture on 27Mar21. This issuer is formerly known as EMBASSY PROPERTY DEVELOPMENTS LIMITED, EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.