0% Lavasa Corporation Limited (INE172G08037)

Lavasa Corporation Limited, a Utilities company, has floated Debenture, having ISIN value as INE172G08037, with a face value of ₹12,00,00,000 rs on 28Sep12 to raise 12 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 Unsecured Debenture is ZERO COUPON UNSECURED OPTIONALLY CONVERTIBLE DEBENTURES.DATE OF CONVERSION 27/09/2018. 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. 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.