Archean Chemical Industries Limited, a Utilities company, has floated Debenture, having ISIN value as INE128X07028, with a face value of ₹10,00,000 rs on 22Nov18 to raise 840 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS 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 RESET RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 21/11/2024. 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 07Dec18. ICRA LIMITED has given BBB+ rating to this Debenture on 03Mar23. This issuer is formerly known as ARCHEAN CHEMICAL INDUSTRIES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.