Harinarayan R. Tripathi
Posted On 21 July 2009 at 19:06
Dear Ms. Aditiben
As per Article 27 of the Indian Stamp Act, the Debenture shall attaract stamp duty as below:-
"0.05% per year of the face value of the Debenture, subject to the maximum of 0.25% or rupees twenty five lakhs whichever is lower"
I hope this will meet with your requisition.