Alena Ventures Limited - BBB Rated (INE850K07065)

Alena Ventures Limited, a Utilities company, has floated Debenture, having ISIN value as INE850K07065, with a face value of ₹10,00,000 rs on 20Jun17 to raise 121.5 crores. The debt instrument is issued with a coupon rate of 9.80% MCLR + SPREAD 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 9.80% MCLR + SPREAD SECURED RATED UNLISTED REDEEMABLE TAXABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 20/06/2029. 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. ICRA LIMITED has given BBB+ rating to this Debenture on 18Jan24. This issuer is formerly known as TRIL AMRITSAR PROJECTS LIMITED, TRIF AMRITSAR PROJECTS LIMITED, TRIF AMRITSAR PROJECTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.