14% Mahindra Industrial Park Private Limited (INE521Y08129)

Mahindra Industrial Park Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE521Y08129, with a face value of ₹1,00,000 rs on 10Oct19 to raise 4.14 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Quarterly. 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 14% UNSECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1A. DATE OF MATURITY 09/10/2038. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as INDUSTRIAL CLUSTER PRIVATE LIMITED, MAHINDRA HOUSING PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.