Fourth Partner Energy Private Limited - A Rated (INE00S407069)

Fourth Partner Energy Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE00S407069, with a face value of ₹10,00,000 rs on 03Jun22 to raise 75 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid on Maturity. 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 GSEC LINKED SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 01/12/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A- rating to this Debenture on 15Nov23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.