10.50% Ostro Energy Private Limited (INE878T08040)

Ostro Energy Private Limited, a Energy company, has floated Debenture, having ISIN value as INE878T08040, with a face value of ₹100 rs on 06Dec16 to raise 83 crores. The debt instrument is issued with a coupon rate of 10.50% and its interest is paid on Maturity. 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 10.50% UNSECURED COMPLUSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 05/12/2026. 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.