7.72% Aurinko Energy Private Limited (INE04JQ08013)

Aurinko Energy Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE04JQ08013, with a face value of ₹10 rs on 12Jun20 to raise 4.6441 crores. The debt instrument is issued with a coupon rate of 7.72% 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 7.72% UNSECURED UNLISTED UNRATED NON-CUMULATIVE COMPULSORILY CONVERTIBLE DEBENTURES. SERIES 1. DATE OF CONVERSION 11/06/2030. 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. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.