6% Tarc Limited - BB Rated (INE0EK907027)

Tarc Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE0EK907027, with a face value of ₹10,00,000 rs on 29Apr22 to raise 200 crores. The debt instrument is issued with a coupon rate of 6% 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 Secured Debenture is 6% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE .DATE OF MATURITY 31/12/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given BB+ rating to this Debenture on 11Apr22. This issuer is formerly known as ANANT RAJ GLOBAL LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.