Premier Energies Limited (INE0BS708016)

Premier Energies Limited, a Utilities company, has floated Debenture, having ISIN value as INE0BS708016, with a face value of ₹100 rs on 28Sep21 to raise 176 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 COMPULSORY CONVERTIBLE DEBENTURE. DATE OF CONVERSION 28/09/2031. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as PREMIER ENERGIES PRIVATE LIMITED, PREMIER SOLAR SYSTEMS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.