Mars Hotels And Resorts Private Limited, a Hotels & Resorts company, has floated Debenture, having ISIN value as INE06WA08031, with a face value of ₹1,613 rs on 30Nov21 to raise 24.4798558 crores. The debt instrument is issued with a coupon rate of RESET RATE - 14% PER ANNUM COMPOUNDED ANNUALLY (OR ANY SUCH ARMS LENGTH RATE AS MAY BE ACCEPTABLE TO THE HOLDER OF CCDS AND THE BOARD OF DIRECTORS OF THE COMPANY and its interest is paid Annually. 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 RESET RATE UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURE.DATE OF CONVERSION 29/11/2041. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding 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.