20% Ashvi Developers Private Limited (INE274Q07016)

Ashvi Developers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE274Q07016, with a face value of ₹1,00,000 rs on 05Mar15 to raise 250 crores. The debt instrument is issued with a coupon rate of 20% 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 Secured Debenture is 20% SECURED OPTIONALLY CONVERTIBLE DEBENTURES.SERIES I-PART I. LETTER OF ALLOTMENT. DATE OF CONVERSION 21/08/2018. This instrument is issued in Private Placement 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.