0% Tata Realty And Infrastructure Limited - AA Rated (INE371K07013)

Tata Realty And Infrastructure Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE371K07013, with a face value of ₹10,00,000 rs on 18Nov19 to raise 195 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 RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 18/11/2022.. 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 27Nov19. CRISIL LIMITED has given AA+ rating to this Debenture on 01Jan70. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.