Indinfravit Trust - AAA Rated (INE790Z07046)

Indinfravit Trust, has floated Debenture, having ISIN value as INE790Z07046, with a face value of ₹9,77,270 rs on 27May21 to raise 850 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARK) and its interest is paid Monthly. 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 RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. SERIES C. DATE OF MATURITY 09/03/2038. 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 BSE stock exchange on 28May21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 13May21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.