Infrastructure Development Finance Company Ltd has informed BSE that with reference to the Public issue of Long Term infrastructure Bonds of Face Value of Rs. 5,000 each. In the nature of Secured, Redeemable, Non-Convertible Debentures, having Benefits Under Section 80CCF of the Income Tax Act, 1981 (The "Bonds"), not exceeding Rs. 50,000.0 million for the Financial Year 2011 - 2012. The Bonds will be issued in one or more Tranches subject to the Shelf Limit for the Financial Year 2011-2012 under the Shelf Prospectus filed with the ROC, Stock Exchanges and SEBI on September 29, 2011 and the Respective Tranche Prospectus. The Second Tranche of Bonds (The "Tranche 2 Bonds") for an amount not exceeding Rs. 44000 million shall be issued on the terms set out in the Shelf Prospectus and this Prospectus - Tranche 2 (The "Issue").
In this regard the Company has informed that the Committee of Directors, at its meeting held on January 02, 2012, had approved the following -
- Prospectus - Tranche 2 which includes terms and conditions for Tranche 2 (2011 - 2012) and
- Issue to open for subscription from January 11, 2012 to February 25, 2012.