17.75% Vatika Seven Elements Private Limited (INE0DFG08015)

Vatika Seven Elements Private Limited, has floated Debenture, having ISIN value as INE0DFG08015, with a face value of ₹10 rs on 17Dec14 to raise 58.77998 crores. The debt instrument is issued with a coupon rate of 17.75% and its interest is paid on Maturity. 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 17.75% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES A. DATE OF CONVERSION 16/12/2022. 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 STRONG INFRABUILD PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.