0% Il&fs Wind Energy Limited - D Rated (INE810V08023)

Il&fs Wind Energy Limited, a Energy company, has floated Debenture, having ISIN value as INE810V08023, with a face value of ₹10,00,000 rs on 30Sep16 to raise 75 crores. The debt instrument is issued with a coupon rate of 0% 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 Unsecured Debenture is ZERO COUPON UNSECURED REDEEMBALE NON CONVERTIBLE DEBENTURES. SERIES I-A. DATE OF MATURITY 15/04/2019. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given D rating to this Debenture on 24Jul23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.