18.25% Tierra Farm Assets Company Private Limited (INE036U07011)

Tierra Farm Assets Company Private Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE036U07011, with a face value of ₹20,000 rs on 11Jan16 to raise 4 crores. The debt instrument is issued with a coupon rate of 18.25% 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 Secured Debenture is 18.25% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 11/01/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value 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.