Join us on Whatsapp: +91 7977614821 OR Click here to directly join now!


Sunday, January 15, 2012

L&T Infrastructure Finance Company has issued Tranche 2 bonds through a public issue of Long Term Infrastructure Bonds with a Face Value of Rs 1,000 each in the nature of secured, redeemable, non-convertible debentures having benefits under Section 80CCF of the Income Tax Act, 1961

The Tranche 2 Bond Issue has opened from January 10, 2012, and will close on February 11, 2012, or earlier, as may be decided by the board of the company

Following are the salient features of the bonds:

L&T Infrastructure Finance Bonds (Tranche - 2) Details:
Eligibility: Resident Indian Individuals and HUFs
Application Size: The lots for application would be 5 Bonds and in multiples of 1 Bond thereafter.
Face Value: Rs.1,000/- per bond
Form: Demat / Physical Form. However, trading will be allowed only in Demat form after lock-in period
Ratings: 'CARE AA+' by CARE and '[ICRA] AA+' by ICRA

The tranche 2 bonds will carry an interest rate of 8.70% per annum payable annually or compounded annually

0 comments:

Post a Comment

Indian IPO Blog Feed Subscribers


Enter your email address:

Delivered by FeedBurner

- Disclaimer / Terms of Use
- Privacy Policy
Email: indianipoblog@gmail.com

Subscribe via email

Enter your email address:

Delivered by FeedBurner

By visiting or accessing this Blog and any/all of its subdomains, you solemnly declare that you have read, understood and agree to - Disclaimer / Terms of Service
View our - Privacy Policy

Trending IPO News

Blog Archive

Feed Subscribers