12% Thales Ventures Limited (INE597R08032)

Thales Ventures Limited, a Utilities company, has floated Debenture, having ISIN value as INE597R08032, with a face value of ₹10,00,000 rs on 04Jan20 to raise 13 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid Quarterly. 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 12% UNSECURED UNRATED UNLISTED INTEREST BEARING TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 03/01/2035. 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 TRIF REAL ESTATE AND DEVELOPMENT LIMITED, TRIF REAL ESTATE AND DEVELOPMENT PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.