9% Sei Adhavan Power Private Limited (INE761T07024)

Sei Adhavan Power Private Limited, a Energy company, has floated Bond, having ISIN value as INE761T07024, with a face value of ₹1,00,000 rs on 29Jun21 to raise 90 crores. The debt instrument is issued with a coupon rate of 9% 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 Secured Bond is 9% SECURED UNRATED UNLISTED NON CONVERTIBLE BOND IN THE NATURE OF DEBENTURE. DATE OF MATURITY 29/12/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.