Instrument Details

ISIN: INE0FDW08079

Face value

₹10

Coupon rate

Variable Coupon

Payment

as per Term Sheet

Tax Type

Taxable

Issue Size (Cr)

4

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

24 Aug 2022

Maturity Date

23 Aug 2032

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

STERLITE GRID 29 LIMITED SR B RR CCD 23AG32 FVRS10
Sterlite Grid 29 Limited, has floated Debenture, having ISIN value as INE0FDW08079, with a face value of ₹10 rs on 24Aug22 to raise 4 crores. The debt instrument is issued with a coupon rate of RESET RATE - NO INTEREST SHALL ACCRUE ON THE SERIES A CCDS FOR A PERIOD OF 5(FIVE) YEARS FROM THE DATE OF ISSUANCE OF RELEVANT SERIES A CCD AFTER THE EXPIRY OF THE PERIOD SET OUT IN PARAGRAPH , EACH and its interest is paid as per Term Sheet. 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 RESET RATE UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURE. SERIES B .DATE OF MATURITY 23/08/2032.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Not Applicable 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 Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Others
Head Office
HEAD OFFICE
Silvassa
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0FDW08079 issued by Sterlite Grid 29 Limited

The instrument name of INE0FDW08079 ISIN is STERLITE GRID 29 LIMITED SR B RR CCD 23AG32 FVRS10.
The interest earned from INE0FDW08079 bond issued by Sterlite Grid 29 Limited is paid as per Term Sheet, ensuring regular and consistent income for investors.
This INE0FDW08079 bond issued by Sterlite Grid 29 Limited does not currently have an assigned credit rating
The coupon rate of INE0FDW08079 bond issued by Sterlite Grid 29 Limited is RESET RATE - NO INTEREST SHALL ACCRUE ON THE SERIES A CCDS FOR A PERIOD OF 5(FIVE) YEARS FROM THE DATE OF ISSUANCE OF RELEVANT SERIES A CCD AFTER THE EXPIRY OF THE PERIOD SET OUT IN PARAGRAPH , EACH.
The INE0FDW08079 Debenture is issued by Sterlite Grid 29 Limited, a Private Sector company.