9.75% Renew Wind Energy (jath) Limited - AA Rated (INE269O07011)

Renew Wind Energy (jath) Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE269O07011, with a face value of ₹6,70,730 rs on 16Sep15 to raise 451 crores. The debt instrument is issued with a coupon rate of 9.75% 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 9.75% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES SINGLE. DATE OF MATURITY 31/03/2033. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 01Oct15 & on NSE stock exchange on 01Oct15. INDIA RATING AND RESEARCH PVT. LTD has given AA(CE) rating to this Debenture on 31Mar20. This issuer is formerly known as RENEW WIND ENERGY (JATH) PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.