Nirosha Power Private Limited (INE580T08018)

Nirosha Power Private Limited, a Energy company, has floated Debenture, having ISIN value as INE580T08018, with a face value of ₹282 rs on 01Oct15 to raise 12.279972 crores. The debt instrument is issued with a coupon rate of RATE OF INTEREST OF CCD SHALL BE FLOATING AND ALWAYS BE LESS THAN 1% FROM THE RATE OF INTEREST CHARGED BY PROJECT LENDERS and its interest is paid as decided by Board of Directors. 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 RESET RATE UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 30/09/2045. 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.