9.85% Talwalkars Better Value Fitness Ltd - D Rated (INE502K07096)

Talwalkars Better Value Fitness Ltd, a Healthcare company, has floated Debenture, having ISIN value as INE502K07096, with a face value of ₹10,00,000 rs on 08Jul16 to raise 30 crores. The debt instrument is issued with a coupon rate of 9.85% 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 Secured Debenture is 9.85% SECURED TAXABLE REDEEMABLE NON-CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 08/07/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 15Jul16. CARE Ratings Limited has given D rating to this Debenture on 07Aug16. This issuer is formerly known as TALWALKARS BETTER VALUE FIT. P. L. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.