Athaang Devanahalli Tollway Private Limited - AA Rated (INE540O07023)

Athaang Devanahalli Tollway Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE540O07023, with a face value of ₹10,000 rs on 28Mar16 to raise 150 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 RESET RATE SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TWO. DATE OF MATURITY 31/03/2029. 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. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 14Dec22. This issuer is formerly known as ESSEL DEVANAHALLI TOLLWAY PRIVATE LIMITED, NAVAYUGA DEVANAHALLI TOLLWAY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.