India Grid Trust, a Power - Transmission company, has floated Debenture, having ISIN value as INE219X07108, with a face value of ₹10,00,000 rs on 03Sep20 to raise 400 crores. The debt instrument is issued with a coupon rate of 8.50% and its interest is paid Quarterly. 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 8.50% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER FROM ALLOTMENT. SERIES H. DATE OF MATURITY 01/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 17Sep20. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 28Aug20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.