Jana Holdings Limited - B Rated (INE682V07036)

Jana Holdings Limited, a Utilities company, has floated Debenture, having ISIN value as INE682V07036, with a face value of ₹10,00,000 rs on 28Sep17 to raise 60 crores. The debt instrument is issued with a coupon rate of EQUITY LINKED (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 Secured Debenture is EQUITY LINKED SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUES. SERIES C. DATE OF MATURITY 28/05/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Oct17. ICRA LIMITED has given PP-MLD B rating to this Debenture on 06Jan23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.