Welspun Delhi Meerut Expressway Private Limited (INE701V08040)

Welspun Delhi Meerut Expressway Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE701V08040, with a face value of ₹100 rs on 01Jan19 to raise 79 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 UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 31/12/2036. 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. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.