Tirupati Buildings And Offices Private Limited, a Hotels & Resorts company, has floated Debenture, having ISIN value as INE0LG707010, with a face value of ₹10,00,000 rs on 29Apr22 to raise 220 crores. The debt instrument is issued with a coupon rate of SBI MCLR LINKED (REFER REMARKS) and its interest is paid Quarterly. 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 SBI MCLR LINKED SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 28/04/2028. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding 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.