Adani Enterprises Limited - A Rated (INE423A07245)

Adani Enterprises Limited, a Industrial Minerals company, has floated Debenture, having ISIN value as INE423A07245, with a face value of ₹10,00,000 rs on 25Apr22 to raise 90 crores. The debt instrument is issued with a coupon rate of 10YR GSEC LINKED and its interest is paid on Maturity. 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 10YR GSEC LINKED SECURED RATED LISTED MARKET LINKED PRINCIPAL PROTECTED .SERIES A.DATE OF MATURITY 25/10/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 27Apr22. CARE RATINGS LIMITED has given PP-MLD A+ rating to this Debenture on 25Apr22. This issuer is formerly known as ADANI EXPORTS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.