Godhra Expressways Private Limited - AA Rated (INE562L07015)

Godhra Expressways Private Limited, has floated Debenture, having ISIN value as INE562L07015, with a face value of ₹99,300 rs on 30Mar17 to raise 350 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 Secured Debenture is RESET RATE SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 29/03/2036. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 14Feb20. This issuer is formerly known as BSCPL GODHRA TOLLWAYS PRIVATE LIMITED LIMITED, BSCPL GODHRA TOLLWAYS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.