Virescent Renewable Energy Trust - Reply to Clarification Sought

7 Feb 2022 , 12:00 AM

Virescent Renewable Energy Trust with respect to announcement dated 01-Feb-2022, regarding issuance of Secured, Listed, Rated, Redeemable, Non-Convertible Debentures aggregating upto Rs. 650 crores at its board meeting held on February 01, 2022. On basis of above the Company was required to clarify following: 1. Whether proposed to be listed? If yes, name of the stock exchange(s); 2. Tenure of the instrument – date of allotment and date of maturity; 3. Coupon/interest offered, schedule of payment of coupon/interest and principal; 4. Charge/security, if any, created over the assets; 5. Special right/interest/privileges attached to the instrument and changes thereof. The response of the Company is attached.