18% Adarsh Realty And Hotels Private Limited - C Rated (INE561N07021)

Adarsh Realty And Hotels Private Limited, a Hotels & Resorts company, has floated Debenture, having ISIN value as INE561N07021, with a face value of ₹10,00,000 rs on 31Aug21 to raise 80 crores. The debt instrument is issued with a coupon rate of 18% and its interest is paid Monthly. 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 Secured Debenture is 18% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES A.DATE OF MATURITY 31/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Sep21. Infomerics Valuation and Rating Pvt. Ltd has given C rating to this Debenture on 22Apr24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.