Indiabulls Infraestate Limited (INE741X08034)

Indiabulls Infraestate Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE741X08034, with a face value of ₹10 rs on 23Nov12 to raise 35.88 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 Unsecured Debenture is RESET RATE UNSECURED UNLISTED UNRATED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 31/03/2022. This instrument is issued in Private Placement mode. It has Simple 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.