Gmr Infra Developers Limited (INE00Y507027)

Gmr Infra Developers Limited, a Utilities company, has floated Debenture, having ISIN value as INE00Y507027, with a face value of ₹10,00,000 rs on 12Mar20 to raise 1000 crores. The debt instrument is issued with a coupon rate of RESET RATE-REFER REMARKS and its interest is paid Annually. 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 RESET RATE SECURED UNLISTED UNRATED FREELY TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.TRANCHE B. DATE OF MATURITY 11/03/2023.. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.