Belgaum Renewable Energy Private Limited (INE835Z08039)

Belgaum Renewable Energy Private Limited, a Energy company, has floated Debenture, having ISIN value as INE835Z08039, with a face value of ₹1,000 rs on 30Aug18 to raise 5.79 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 RESET RATE UNSEUCRED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES III. DATE OF CONVERSION 29/08/2043. This instrument is issued in Rights Issue 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.