0% Jana Holdings Limited - BB Rated (INE682V08091)

Jana Holdings Limited, a Utilities company, has floated Debenture, having ISIN value as INE682V08091, with a face value of ₹10,00,000 rs on 21Dec21 to raise 225 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 Unsecured Debenture is UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES K. DATE OF MATURITY 21/12/2023.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 24Dec21. INDIA RATING AND RESEARCH PVT. LTD has given BB- rating to this Debenture on 01Dec21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.