Free Press Journal

Srei Infraalt39s tax- free bonds open till Jan 31

FOLLOW US:

DILIP DAVDA

Srei Infrastructure Finance Limited is making a public issue of ” long term infrastructure bonds” with a face value of Rs. 1000 each in the form of secured redeemable non- convertible debentures, issued in one or more trenches

not exceeding Rs 500 cr, wherein under Sec 80CCF, investors can claim tax benefit of upto Rs. 20,000.

The first trench opened for subscription on 31 Dec, 2011 and will close on Jan 31, 2012 or earlier depending on oversubscription.


The Bonds issued under Prospectus Tranche- I is for an amount not exceeding Rs. 300 cr.

This bond issue is rated alt145 CARE AAalt39by CARE indicating high degree of safety.

Minimum application is to be made for 1 bond and in multiples ther