Basal Projects Private Limited
, a Residential, Commercial Projects company, has floated Debenture,
having ISIN value as INE0L6207057, with a face value of ₹10,000 rs on 29Mar22 to raise 240 crores. The debt instrument
is issued with a coupon rate of 0% and its interest is paid
Never. The returns are Taxable and ANY INTEREST PAYABLE/ RETURN ON THE NCDS SHALL BE TAXABLE AS PER THE RELEVANT PROVISIONS OF THE INCOME-TAX ACT, 1961 (IT ACT) AND/OR THE APPLICABLE PROVISIONS OF DOUBLE TAXATION AVOIDANCE AGREEMENT.
As per the filings, the long description of this Secured
Debenture is ZERO COUPON SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES D-1. LETTER OF ALLOTMENT. DATE OF MATURITY 28/03/2024. This instrument is issued in Private Placement (non-EBP) 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.