Stesalit Systems Limited, a Utilities company, has floated Debenture, having ISIN value as INE08IR08014, with a face value of ₹10,00,000 rs on 08Jul20 to raise 10 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED UNLISTED UNRATED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 30/06/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption 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.