Hero Solar Energy Private Limited (INE316W07047)

Hero Solar Energy Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE316W07047, with a face value of ₹4,01,890 rs on 18Jun20 to raise 225 crores. The debt instrument is issued with a coupon rate of RUPEE FIXED BASE RATE PLUS SPREAD 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 RUPEE FIXED BASE RATE PLUS SPREAD SECURED UNRATED UNLISTED COLLATERALIZED, REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 15/07/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value 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.