15.50% Aaditri Estate Developers Private Limited (INE091Y07034)

Aaditri Estate Developers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE091Y07034, with a face value of ₹10,00,000 rs on 01Jun18 to raise 60 crores. The debt instrument is issued with a coupon rate of 15.50% 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 15.50% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 01/06/2021. 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. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.