H.g. Infra Engineering Limited, a Utilities company, has floated Debenture, having ISIN value as INE926X07017, with a face value of ₹10,00,000 rs on 21Dec21 to raise 97 crores. The debt instrument is issued with a coupon rate of T BILL 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 T BILL LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES I. DATE OF MATURITY 21/12/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 24Dec21. ICRA LIMITED has given AA- rating to this Debenture on 06Jan25. This issuer is formerly known as H.G. INFRA ENGINEERING PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.