Bestech India Private Limited (INE902S07018)

Bestech India Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE902S07018, with a face value of ₹1,00,000 rs on 27Feb15 to raise 250 crores. The debt instrument is issued with a coupon rate of SBI BASE RATE LINKED (REFER REMARKS) and its interest is paid Monthly. 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 SBI BASE RATE LINKED SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES FIRST. DATE OF MATURITY 29/02/2020. 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.