Sterlite Grid 18 Limited (INE0FF008087)

Sterlite Grid 18 Limited, a Power - Transmission company, has floated Debenture, having ISIN value as INE0FF008087, with a face value of ₹10 rs on 08Jun22 to raise 32.47 crores. The debt instrument is issued with a coupon rate of RESET RATE - 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 RESET RATE UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURE. SERIES A.DATE OF MATURITY 0706/2032.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.