National Highways Authority of India
54EC Bonds
Highlights
Private Placement of Non Convertible Redeemable Taxable Bonds (with benefits under Section 54EC of the Income Tax Act, 1961 for Long Term Capital Gains) in the nature of Debentures of Rs 10,000/- each for cash at par.
Rating of 'AAA' by CRISIL.
Issue closes on or before March 31, 2002.
Face Value - Rs 10,000/-
Issue Price - Rs 10,000/-
Minimum Application size - Ten bonds of Rs 10,000/- each and in multiple of one bond thereafter.
Mode of subscription - 100% on application
Deemed Date of Allotment - Last working day of each month for application money credited in NHAI's account till that date.
54EC Bonds
Highlights
Private Placement of Non Convertible Redeemable Taxable Bonds (with benefits under Section 54EC of the Income Tax Act, 1961 for Long Term Capital Gains) in the nature of Debentures of Rs 10,000/- each for cash at par.
Rating of 'AAA' by CRISIL.
Issue closes on or before March 31, 2002.
Face Value - Rs 10,000/-
Issue Price - Rs 10,000/-
Minimum Application size - Ten bonds of Rs 10,000/- each and in multiple of one bond thereafter.
Mode of subscription - 100% on application
Deemed Date of Allotment - Last working day of each month for application money credited in NHAI's account till that date.
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