Lalith Gangadhar Constructions Private Limited (INE05VX07021)

Lalith Gangadhar Constructions Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE05VX07021, with a face value of ₹10 rs on 15Nov19 to raise 4 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. CLASS B2.DATE OF MATURITY 15/02/2022. 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. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.