Embassy Property Developments Private Limited - BBB Rated (INE003L07184)

Embassy Property Developments Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE003L07184, with a face value of ₹9,60,000 rs on 30Jul21 to raise 750 crores. The debt instrument is issued with a coupon rate of 10YEAR GSEC LINKED and its interest is paid Never. 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 10YEAR GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 30/07/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given BBB rating to this Debenture on 28Jul21. This issuer is formerly known as EMBASSY PROPERTY DEVELOPMENTS LIMITED, EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.