Piramal Enterprises Limited (INE140A07658)

Piramal Enterprises Limited, a Pharmaceuticals company, has floated Debenture, having ISIN value as INE140A07658, with a face value of ₹10,00,000 rs on 27Sep21 to raise 400 crores. The debt instrument is issued with a coupon rate of IGB CORP PRICE 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 IGB CORP PRICE LINKED SECURED LISTED RATED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. SERIES 01. DATE OF MATURITY 27/03/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 28Sep21 & on NSE stock exchange on 28Sep21. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 27Sep21. 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.