Spinel Energy & Infrastructure Limited, a Energy company, has floated Debenture, having ISIN value as INE395Q08017, with a face value of ₹1,000 rs on 26Aug16 to raise 33.55 crores. The debt instrument is issued with a coupon rate of 9% 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 Unsecured Debenture is 9% UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 31/07/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as MOSER BAER ENERGY & INFRASTRUCTURE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.