0% Welspun Delhi Meerut Expressway Private Limited (INE701V08032)

Welspun Delhi Meerut Expressway Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE701V08032, with a face value of ₹100 rs on 27Feb17 to raise 52.55 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 26/02/2022. This instrument is issued in Rights Issue mode. It has Simple coupon type with Not Applicable 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.