Sprng Renewable Energy Private Limited (INE03NL08018)

Sprng Renewable Energy Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE03NL08018, with a face value of ₹10 rs on 18Feb20 to raise 100 crores. The debt instrument is issued with a coupon rate of SENIOR LENDER RATE LINKED and its interest is paid Annually. 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 SENIOR LENDER RATE LINKED UNLISTED UNRATED UNSECURED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 17/08/2042. 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 ARINSUN RENEWABLE ENERGY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.