1% Amtek Auto Limited (INE130C08083)

Amtek Auto Limited, a Industrial company, has floated Debenture, having ISIN value as INE130C08083, with a face value of ₹10,00,000 rs on 08Dec21 to raise 400 crores. The debt instrument is issued with a coupon rate of 1% 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 1% UNSECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 07/12/2028. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity 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.