Gr Gundugolanu Devarapalli Highway Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE00VB07010, with a face value of ₹9,70,700 rs on 16Mar22 to raise 267 crores. The debt instrument is issued with a coupon rate of REPO RATE LINKED and its interest is paid Monthly. 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 REPO RATE LINKED SECURED RATED LISTED NON CONVERTINLE DEBENTURE .DATE OF MATURITY 10/02/2035. 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 22Mar22. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 16Mar22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.