Max Planck Solarfarms Private Limited (INE554E08015)

Max Planck Solarfarms Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE554E08015, with a face value of ₹1,000 rs on 06Mar18 to raise 3.465 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMAKRS) 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 COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF MATURITY 05/03/2043. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as VARURAKI SOLAR INDIA PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.