6.49% Vector Green Prayagraj Solar Private Limited - AAA Rated (INE935V07012)

Vector Green Prayagraj Solar Private Limited, a Energy company, has floated Debenture, having ISIN value as INE935V07012, with a face value of ₹9,40,840 rs on 01Jul21 to raise 227 crores. The debt instrument is issued with a coupon rate of 6.49% 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 6.49% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 01/07/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 06Jul21. INDIA RATING AND RESEARCH PVT. LTD has given AAA(CE) rating to this Debenture on 18May21. This issuer is formerly known as RATTANINDIA SOLAR 2 PRIVATE LIMITED, RATTANINDIA SOLAR 2 LIMITED, DEVONA POWER PROJECTS DEVELOPMENT LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.