Panyam Cements & Mineral Industries Limited, a Utilities company, has floated Debenture, having ISIN value as INE167E07018, with a face value of ₹10,00,000 rs on 30Mar16 to raise 97.8 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Monthly. 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 Secured Debenture is 14% SECURED REDEEMABEL NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 31/03/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 12Apr16. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 26Dec18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.