Dlf Promenade Limited - AA Rated (INE865N07026)

Dlf Promenade Limited, a Industrial company, has floated Debenture, having ISIN value as INE865N07026, with a face value of ₹5,00,00,000 rs on 10Jun19 to raise 380 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS 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 6 MONTHS SCB MCLR LINKED SECURED SENIOR RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 10/06/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given AA+ rating to this Debenture on 27Dec23. This issuer is formerly known as BEVERLY PARK MAINTENANCE SERVICES LIMITED, BEVERLY PARK MAINTENANCE SERVICES PVT. LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.