Altra Xergi Power Private Limited (INE0KWP08024)

Altra Xergi Power Private Limited, has floated Debenture, having ISIN value as INE0KWP08024, with a face value of ₹100 rs on 09Jul21 to raise 240 crores. The debt instrument is issued with a coupon rate of RESET RATE - 0.01% P.A. FROM THE DATE OF ALLOTMENT TILL THE EXPIRY OF TWO YEARS FROM THE DATE OF COMMISSIONIN G (COD) OF THE PLANT AND 9% P.A. AFTER EXPIRY OF TWO YEARS OF COD OR AT THE RATE FINALLY and its interest is paid Semi 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 RESET RATE UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/06/2046. This instrument is issued in Private Placement (non-EBP) 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.