8% Virtusa Consulting Services Private Limited - A Rated (INE571O08026)

Virtusa Consulting Services Private Limited, a Technology company, has floated Debenture, having ISIN value as INE571O08026, with a face value of ₹10,00,000 rs on 26Dec17 to raise 330 crores. The debt instrument is issued with a coupon rate of 8% 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 8% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE DEBENTURES. DATE OF MATURITY 26/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 03Jan18. ICRA LIMITED has given A rating to this Debenture on 29Jun23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.