Infrastructure Development Finance Company approves issue to open for subscription
Infrastructure Development Finance Company has approved issue to open for subscription from January 17, 2011 - February 4, 2010.
January 05, 2011 / 15:59 IST
With reference to the proposed public issue by infrastructure Development Finance Company Ltd (the "Company") 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 80 CCF of the income Tax Act, 1961 (the "Bonds") for an aggregate amount not exceeding Rs 29289.64 million (the "issue") - Tranche 2, Infrastructure Development Finance Company Ltd has now informed BSE that the Committee of Directors, at its meeting held on January 04, 2011, had approved the following:
1. Prospectus - Tranche 2 which includes terms and conditions for Tranche - 2; and
2. Issue to open for subscription from January 17, 2011 - February 4, 2010. | | Source : BSE |
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