Jyoti Structures Limited (INE197A07104)

Jyoti Structures Limited, a Utilities company, has floated Debenture, having ISIN value as INE197A07104, with a face value of ₹1,00,000 rs on 09Nov21 to raise 1483.32 crores. The debt instrument is issued with a coupon rate of RESET RATE - YEAR 1 TO YEAR 5- 0%, YEAR 6 TO YEAR 10- 2% YEAR 11 TO YEAR 12- 4% 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 RESET RATE SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES CLASS A. DATE OF MATURITY 30/11/2033. This instrument is issued in Others mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.