Piramal Pharma Limited, a Pharmaceuticals company, has floated Debenture, having ISIN value as INE0DK507018, with a face value of ₹10,00,000 rs on 06May21 to raise 200 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARK) 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 Secured Debenture is RESET RATE SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT. SERIES 1. DATE OF MATURITY 06/05/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given AA- rating to this Debenture on 06May21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.