12.00% Rayalseema Expressway Private Limited (INE758L08181)

Rayalseema Expressway Private Limited, a Civil Construction company, has floated Debenture, having ISIN value as INE758L08181, with a face value of ₹100 rs on 27Aug21 to raise 20 crores. The debt instrument is issued with a coupon rate of 12.00% and its interest is paid Never. 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 12% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURE. TRANCHE XIV .DATE OF MATURITY 26/08/2041.. 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 RAYALSEEMA EXPRESSWAY LIMITED, RAYALSEEMA EXPRESSWAY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.