10.25% Suvarchas Solar Power Private Limited (INE748X07015)

Suvarchas Solar Power Private Limited, a Energy company, has floated Debenture, having ISIN value as INE748X07015, with a face value of ₹1,00,000 rs on 05Aug19 to raise 60.4 crores. The debt instrument is issued with a coupon rate of 10.25% and its interest is paid Semi 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 Secured Debenture is 10.25% SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 05/08/2029. 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. This issuer is formerly known as SUVARCHAS SOLAR POWER LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.