0% Hero Wind Energy Private Limited (INE918T07020)

Hero Wind Energy Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE918T07020, with a face value of ₹10,00,000 rs on 09Aug16 to raise 130 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 Secured Debenture is ZERO COUPON SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE 2 DATE OF MATURITY 08/02/2022. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given WITHDRAWN rating to this Debenture on 05Dec19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.