Transcon Developers Private Limited (INE083T07064)

Transcon Developers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE083T07064, with a face value of ₹10,00,000 rs on 30Aug21 to raise 90 crores. The debt instrument is issued with a coupon rate of RESET RATE ( REFER REMARK) 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 RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON COVNERTIBLE DEBENTURES.TRANCHE II. DATE OF MATURITY 12/09/2024.. 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.