Piramal Enterprises Limited (INE140A07641)

Piramal Enterprises Limited, a Pharmaceuticals company, has floated Debenture, having ISIN value as INE140A07641, with a face value of ₹10,00,000 rs on 12Jul21 to raise 102 crores. The debt instrument is issued with a coupon rate of 10Y GSEC LINKED 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 Secured Debenture is 10Y GSEC LINKED SECURED LISTED RATED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 12/01/2023. 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 13Jul21. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 12Jul21. This issuer is formerly known as PIRAMAL HEALTHCARE LIMITED, NICHOLAS PIRAMAL INDIA LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.