The Indian Hotels Company Limited, a Hotels & Resorts company, has floated Debenture, having ISIN value as INE053A08115, with a face value of ₹10,00,000 rs on 05Jun20 to raise 300 crores. The debt instrument is issued with a coupon rate of 7.95% 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 Unsecured Debenture is 7.95% UNSECURED, RATED LISTED,TRANSFERABLE REDEEMABLE, NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 05/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 11Jun20. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 28May20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.