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Listing of Tax Free Bonds in the nature of Secured Redeemable Non Convertible Bonds by Rural Electrification Corporation Ltd

India Infoline News Service | Mumbai | April 03, 2012 13:11 IST

NA


 

Trading Members of the Exchange are hereby informed that the under mentioned securities of Rural Electrification Corporation Limited are admitted to dealings on the Exchange with effect from Wednesday, April 4, 2012 in the list of "F GROUP".
 
Securities:
 
Rural Electrification Corporation Limited -Tax Free Bonds in the nature of Secured Redeemable Non Convertible Bonds In The Nature Of Debentures Having Tax Benefits Under Section 10 (15) (iv) (h) of the Income Tax Act , 1961.
 

Name of the Company
Rural Electrification Corporation Limited
Face/Paid-up value of Bonds (Rs. /Bond)
Rs. 1,000/-
Issue Price of Bonds (Rs. /Bond)
Rs. 1,000/-
Scrip Code
961743
961744
Scrip ID
793REC22
812REC27
Security Description
7.93%/8.13% Tax Free Secured Redeemable Non Convertible Bonds
 
8.12%/8.32% Tax Free Secured Redeemable Non Convertible Bonds
 
No. of Securities
8396740
21603260
Distinctive number
1 to 8396740
1 to 21603260
ISIN
INE020B07GG9
INE020B07GH7
Abbrv. Name
793REC22
812REC27
Coupon (%)
7.93% and additional 0.20 for Category III applicants hence 8.13%
8.12% and additional 0.20 for Category III applicants hence 8.32%
 Deemed Date of Allotment
March 27,2012
Date of Allotment
March 27,2012
Lock-In Upto
NA
Buy Back Date
NA
Redemption/Maturity date
March 27, 2022
March 27, 2027
Tenor
10 years
15 years
Maturity/Redemption Amt. per Bond
Rs. 1,000/-
Rs. 1,000/-
First Interest payment date
July 1, 2012
July 1, 2012
Credit Rating
CRISIL AAA/Stable, CARE AAA,
Fitch AAA(ind)
Market lot
1 Bond

           
1.       Trading Members may note that as per the guidelines issued by SEBI dated 16th February, 2000; Bonds will only be traded in dematerialized form. Trades effected in this scrip will be in unit market lot (i.e. One Bond).
 
2.       The financial year of Rural Electrification Corporation Limited ends on the 31st March.
 
3. The address and contact details of the Company are as below:
 
Registered Office and Corporate Office: Core 4, SCOPE Complex, 7, Lodhi Road, New Delhi 110 003, India
Telephone: +91 11 2436 5161; Facsimile: +91 11 2436 0644; E-mail: reccorp@recl.nic.in; Website: www.recindia.nic.in
 
4. Given below is the address and contact details of the Registrar and Share Transfer Agents:
 
Karvy Computershare Private Limited : Plot No. 17 to 24 , Vittal Rao Nagar, Madhapur
Hyderabad - 500 081
Investor Grievance Email:sharepro@shareproservices.com ; recl.bonds@karvy.com
Contact Person: Mr. M. Murali Krishna
Website: www.shareproservices.com ; Tel: +91 40 4465 5000 ; Fax: +91 40 2343 1551
 
5. In case Trading Members require any clarification on the subject matter of this notice, they may contact:
 
I)        At Rural Electrification Corporation Limited:
Mr.Surendra Pradhan, Deputy General Manager (Finance)
Tel: +91 11 43091676, Fax: +91 1124365461
                                                              Email: s.pradhan@recl.nic.in
 
     II) At the Exchange: Ms. Shilpa Pachori (Dy.Manager) on Tel. No.: 022-22728352 or undersigned on Tel No: 022-22728701
 
 
 
 
 
 
Hetal Kotak
Asst Gen Manager – DCS
April 3, 2012
 








 

 
 
 
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