8.10% Jhajjar Power Limited - AA Rated (INE165K07076)

Jhajjar Power Limited, a Energy company, has floated Debenture, having ISIN value as INE165K07076, with a face value of ₹10,00,000 rs on 27Jul20 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.10% and its interest is paid Semi 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 8.10% SECURED, RATED, LISTED, TAXABLE REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 27/07/2023. 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 11Aug20. INDIA RATING AND RESEARCH PVT. LTD has given AA+(CE) rating to this Debenture on 23Jul20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.