Gmr Goa International Airport Limited (INE735X08028)

Gmr Goa International Airport Limited, a Airport & Airport services company, has floated Debenture, having ISIN value as INE735X08028, with a face value of ₹1,00,000 rs on 22Jul22 to raise 200 crores. The debt instrument is issued with a coupon rate of RESET RATE - INTEREST RATE YEAR 1 - 5% P.A. YEAR 2 - 8% P.A. YEAR 3 - 8% P.A. YEAR 4 - 9% P.A. YEAR 5 - 9% P.A. YEAR 6 - 9% P.A. YEAR 7 - 9% P.A. YEAR 8 - 9% P.A. YEAR 9 - 9% P.A. YEAR 10 - 9% P.A and its interest is paid 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 Unsecured Debenture is RESET RATE UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES . DATE OF MATURITY 21/07/2032.. This instrument is issued in Rights Issue mode. It has Simple coupon type with Not Applicable 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.