10.50% Hero Wind Energy Private Limited (INE918T07079)

Hero Wind Energy Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE918T07079, with a face value of ₹10,00,000 rs on 19Nov21 to raise 100 crores. The debt instrument is issued with a coupon rate of 10.50% 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 10.50% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT.DATE OF MATURITY 30/11/2022. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 01Nov21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.