K.l.f. Nirmal Industries Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE380X08015, with a face value of ₹1,00,000 rs on 25Apr17 to raise 68.69 crores. The debt instrument is issued with a coupon rate of EQUIVALENT TO THE PERCENTAGE OF DIVIDEND DECLARED ON EQUITY SHARES IF ANY and its interest is paid on Maturity. 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 EQUITY SHARES DIVIDNED LINKED UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES ONE. LETTER OF ALLOTMENT. DATE OF CONVERSION 24/04/2036. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as K.L.F. NIRMAL OIL INDUSTRIES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.