Maithon Power Limited - AA Rated (INE082G07014)

Maithon Power Limited, a Energy company, has floated Debenture, having ISIN value as INE082G07014, with a face value of ₹6,70,000 rs on 30Nov15 to raise 500 crores. The debt instrument is issued with a coupon rate of HDFC BANK BASE RATE LINKED 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 HDFC BANK BASE RATE LINKED SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/11/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 10Dec15 & on NSE stock exchange on 10Dec15. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 19Nov15. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.