9% Lavasa Corporation Limited (INE172G07179)

Lavasa Corporation Limited, a Utilities company, has floated Debenture, having ISIN value as INE172G07179, with a face value of ₹10,00,000 rs on 06Jan12 to raise 250 crores. The debt instrument is issued with a coupon rate of 9% 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% Secured Non-Convertible Debenture. Date of Maturity 06/01/2015. 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 18Jun12. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 05Aug19. This issuer is formerly known as THE LAKE CITY CORPORATION LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.