9.91% Jhajjar Power Limited - AA Rated (INE165K07035)

Jhajjar Power Limited, a Energy company, has floated Debenture, having ISIN value as INE165K07035, with a face value of ₹1,00,00,000 rs on 28Jul16 to raise 40 crores. The debt instrument is issued with a coupon rate of 9.91% 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 9.91% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 28/04/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Debenture is listed on BSE stock exchange on 16Aug16. INDIA RATING AND RESEARCH PVT. LTD has given AA- rating to this Debenture on 25Nov19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.