0% Loon Land Development Limited (INE05FG08027)

Loon Land Development Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE05FG08027, with a face value of ₹10 rs on 02Apr22 to raise 2.61 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 UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURE.DATE OF MATURITY 01/04/2032. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.