8.78% Oriental Nagpur Betul Highway Limited - AAA Rated (INE105N07464)

Oriental Nagpur Betul Highway Limited, a Utilities company, has floated Debenture, having ISIN value as INE105N07464, with a face value of ₹1,00,000 rs on 16Nov16 to raise 13.55 crores. The debt instrument is issued with a coupon rate of 8.78% and its interest is paid Semi 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 8.78% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES B. STRPP 19. DATE OF MATURITY 30/03/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 06Dec16 & on BSE stock exchange on 06Dec16. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 15Nov16. This issuer is formerly known as ORIENTAL NAGPUR BETUL HIGHWAY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.