"The National Highways Authority of India was constituted by an act of Parliament, the National Highways Authority of India Act, 1988. It is responsible for the development, maintenance and management of National Highways entrusted to it and for matters connected or incidental thereto

the Information About the of 54 EC Capital Gains Bonds of NHAI for the year 2017-18 is given below

Credit Rating “ICRA AAA/Stable” by ICRA Ltd
Face Value Rs. 10000/- per Bond
Issue price Rs. 10000/- per Bond
Minimum application size One Bond of Rs. 10,000/-

Maximum application size
500 Bonds of Rs.10,000/- each (Rs.50,00,000) subject to fulfillment of other conditions as specified in Income Tax Act 1961.

Size of the Issue
Rs.6,000 Crore

Mode of Subscription
100% on application

Deemed Date of Allotment
Last day of the month during which the application amount has been cleared and credited to NHAI’s collection account

Transferability
The Bonds are non-transferable, non-negotiable and cannot be Offered as a security for any loan or advance

Maturity
At par, 3 years from Deemed Date of Allotment

Interest payment
Annually On 1st April and Final Interest at the time of Maturity

Contact Detials :
Sh. S.K.Chauhan,
DGM (F&A) at skchauhan@nhai.org or at
Ph. No.011- 25074100-200
Extn. 2479.