Parsvnath Landmark Developers Pvt. Ltd - D Rated (INE712L07057)

Parsvnath Landmark Developers Pvt. Ltd, a Utilities company, has floated Debenture, having ISIN value as INE712L07057, with a face value of ₹10,00,000 rs on 13Oct16 to raise 200 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS and its interest is paid on Maturity. 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 RESET RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/12/2020. 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. CRISIL RATINGS LIMITED has given D rating to this Debenture on 27Dec19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.