9% Gujarat Road And Infrastructure Co Ltd (INE354H07130)

Gujarat Road And Infrastructure Co Ltd, a Civil Construction company, has floated Debenture, having ISIN value as INE354H07130, with a face value of ₹10,00,000 rs on 13Apr16 to raise 15 crores. The debt instrument is issued with a coupon rate of 9% and its interest is paid Quarterly. 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 9% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 11 . DATE OF MATURITY 31/03/2027. 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 NSE stock exchange on 27Apr16 & on BSE stock exchange on 27Apr16. This debt instrument is Unrated. This issuer is formerly known as GUJARAT TOLL ROAD INVESTMENT CO.LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.