Dbl Byrapura Challakere Highways Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE00NT07019, with a face value of ₹9,20,000 rs on 24Sep21 to raise 235 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARK) and its interest is paid Semi 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 Secured Debenture is RESET RATE SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT .DATE OF MATURITY 01/02/2035. 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 27Sep21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 13Sep21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.