6% Parekh Aluminex Limited (INE620C07168)

Parekh Aluminex Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE620C07168, with a face value of ₹1,00,000 rs on 31Dec14 to raise 16.87 crores. The debt instrument is issued with a coupon rate of 6% and its interest is paid 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 6% SECURED REDEEMABLE TAXABLE NON-CONVERTIBLE DEBENTURES. SERIES E. LETTER OF ALLOTMENT. DATE OF MATURITY 31/03/2016. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value 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.