Reliance Commercial Dealers Limited (INE02EC08059)

Reliance Commercial Dealers Limited, a Transport Related Services company, has floated Debenture, having ISIN value as INE02EC08059, with a face value of ₹10 rs on 15Apr21 to raise 285 crores. The debt instrument is issued with a coupon rate of 0% 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 UNSECURED UNLISTED UNRATED OPTIONALLY CONVERTIBLE DENBENTURE.SERIES E.DATE OF CONVERSION 14/04/2041. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as RELIANCE COMMERCIAL DEALERS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.