Bhilangana Hydro Power Limited - A Rated (INE453I07153)

Bhilangana Hydro Power Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE453I07153, with a face value of ₹10,00,000 rs on 09Feb18 to raise 20 crores. The debt instrument is issued with a coupon rate of MCLR RATE LINKED and its interest is paid Monthly. 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 BENCHMARK RATE LINKED SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 3D. LETTER OF ALLOTMENT. DATE OF MATURITY 31/03/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given A+ rating to this Debenture on 29Mar22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.