Buyback Option for Bonds
(A Government of India Undertaking)
(भारत सरकार का उपक्रम )
Regd. Office: IFCI Tower, 61 Nehru Place, New Delhi- 110 019
Tel.: 011-4173 2000, 4179 2800. Fax: 011-2623 0029. Website: ifciltd.com Email: email@example.com
|IFCI Long Term Infrastructure Bonds-Series I – Exercise of buyback option- 2017|
This is to remind the investors that the right of exercising the option of buyback is available for the bonds held in Option I and II, as per Information Memorandum dated August 09, 2010, as mentioned in the table below:
|Buyback Intimation Period||Early Redemption/ Buyback Date||Amount payable on buyback -Option I
|Amount payable on buyback -Option II (Cumulative)*|
|ISIN- INE039A08114||ISIN- INE039A08122|
|Aug 16-31, 2017||Sep 15, 2017||Rs.5,000/- per bond||Rs.8,486/- per bond|
|Aug 16-31, 2018||Sep 15, 2018||Rs.5,000/- per bond||Rs.9,152/- per bond|
|Aug 16-31, 2019||Sep 15, 2019||Rs.5,000/- per bond||Rs.9,871/- per bond|
|Maturity Date||Sep 15, 2020||Rs.5,000/- per bond||Rs.10,646/- per bond|
* Subject to deduction of TDS as per Income Tax Act 1961.
In case you wish to exercise the buyback option available in current year 2017, you are requested to download and send the duly signed Buyback Option Form, after carefully reading the instructions given therein, which should reach the Registrar & Transfer Agent during the buyback intimation period mentioned in the above table i.e. latest by 31st August 2017.
|BUYBACK OPTION FORM||View||Download|
Please note that payment shall be made only upon surrender of ORIGINAL BOND CERTIFICATE, if bonds are held in physical mode and upon extinguishment of bonds, if bonds are held in demat mode. Therefore, please ensure that your demat A/c is active.
For queries regarding the matter, kindly contact the Registrar & Transfer Agent viz.