12.50% Clean Max Enviro Energy Solutions Private Limited - A Rated (INE647U07023)

Clean Max Enviro Energy Solutions Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE647U07023, with a face value of ₹10,00,000 rs on 08Jun22 to raise 499 crores. The debt instrument is issued with a coupon rate of 12.50% and its interest is paid Quarterly. 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 12.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 08/06/2027. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 10Jun22. CARE RATINGS LIMITED has given A+ rating to this Debenture on 06Aug22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.