Palava Induslogic 2 Private Limited (INE0J4O08041)

Palava Induslogic 2 Private Limited, has floated Debenture, having ISIN value as INE0J4O08041, with a face value of ₹10 rs on 07Dec21 to raise 111.91 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARK) 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 RESET RATE UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE. SERIES 4. DATE OF MATURITY 07/12/2031.. This instrument is issued in Private Placement (EBP) 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.