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December 20th, 2017, 02:54 PM
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Join Date: Mar 2012
Re: Rural Electrification Corporation Ltd Tax Free Bonds

Rural Electrification Corporation Limited is a public Infrastructure Finance Company in India’s power sector. The company finances and promotes rural electrification projects across India.

Issue Size `
1,000 crore with an option to retain oversubscription up to the shelf limit of `4,500 crore.

Face Value

Instrument Tax Free Secured Redeemable Non-Convertible Bonds of face value of `1,000 each in the nature of Debentures having

Credit Rating

tax benefits under the Section 10(15)(iv)(h) of the Income Tax Act, 1961.
Credit Rating
CRISIL AAA/Stable’ by CRISIL, ‘
CARE AAA’ by CARE, ‘IND AAA’ by IRRPL & ‘[ICRA] AAA’ by ICRA

Issue Opening Date
Monday, December 3, 2012

Issue Closing Date
Monday, December 10, 2012*

Face Value `1,000/- per Bond

Minimum Subscription Minimum Subscription
- 5 Bonds (` 5,000) across both the series

Tenor
10 years from the Deemed Date of Allotment 15 Years from the Deemed Date of Allotment

Coupon Rate For Category I, II & III Applicants (% p.a.)
7.22% 7.38%

For Category IV Applicants (% p.a.) ^
7.72% 7.88%


Tax Free Bonds of the Rural Electrification Corporation Ltd



Contacts
Registered Office:
Rural Electrification Corporation Limited
Core-4, SCOPE Complex, 7,
Lodhi Road, New Delhi-110003


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