Modenik Lifestyle Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE149X08014, with a face value of ₹100 rs on 31May21 to raise 329.8685 crores. The debt instrument is issued with a coupon rate of 9.25% and its interest is paid Quarterly. 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 9.25% UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURE. DATE OF CONVERSION 15/09/2024. 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 DIXCY TEXTILES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.