0% Arm Infra & Utilities Private Limited - BBB Rated (INE901T07117)

Arm Infra & Utilities Private Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE901T07117, with a face value of ₹10,00,000 rs on 02Feb17 to raise 125 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNLISTED SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES ARM-CS-VIII. DATE OF MATURITY 30/03/2020. 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. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BBB (SO) rating to this Debenture on 01Feb17. This issuer is formerly known as ARM INFRA & UTILITIES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.