Bestech India Private Limited (INE902S07026)

Bestech India Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE902S07026, with a face value of ₹1,00,000 rs on 27May15 to raise 270 crores. The debt instrument is issued with a coupon rate of SBI BANK 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 2. DATE OF MATURITY 31/05/2020. 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.