12.50% Jyoti Structures Limited (INE197A07088)

Jyoti Structures Limited, a Utilities company, has floated Debenture, having ISIN value as INE197A07088, with a face value of ₹1,00,000 rs on 13Sep13 to raise 0.9 crores. The debt instrument is issued with a coupon rate of 12.50% 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 12.50% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 12/09/2016. 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. CARE Ratings Limited has given Suspended rating to this Debenture on 19Sep14. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.