Thar Power Transmission Service Limited, a Utilities company, has floated Debenture, having ISIN value as INE744Y08028, with a face value of ₹100 rs on 31Dec17 to raise 2.535 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 COMPULSORILY CONVERTIBLE DEBENTRUES. SERIES I TRANCHE II. LETTER OF ALLOTMENT. DATE OF COVNERSION 30/12/2032. 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.