10% Acme Nizamabad Solar Energy Private Limited (INE892V08013)

Acme Nizamabad Solar Energy Private Limited, a Energy company, has floated Debenture, having ISIN value as INE892V08013, with a face value of ₹240 rs on 27Jan16 to raise 7.5 crores. The debt instrument is issued with a coupon rate of 10% 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 10% UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF MATURITY 26/01/2046. 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.