0.01% Aakash Edutech Private Limited (INE03HX08015)

Aakash Edutech Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE03HX08015, with a face value of ₹1,000 rs on 11Dec17 to raise 40 crores. The debt instrument is issued with a coupon rate of 0.01% and its interest is paid Annually. 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 0.01% UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURES. SERIES B. DATE OF CONVERSION 10/12/2027. 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 APPLECT LEARNING SYSTEMS PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.