Investment Details | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Issue: 50,00,000 NCDs of Rs.1,000/- each aggregating to Rs.500 Crores with an option to retain over-subscription upto Rs.500 Crores for issuance of additional NCDs, aggregating upto a total of Rs.1,000 Crores. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Stock Exchanges proposed for listing: NSE. Issuance and trading In Demat form only. Depository NSDL and CDSL. Rating(s) CARE AA+ by CARE and LAA+ by ICRA. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Issue Schedule – 18th August’09 – 4th September’09 Deemed Date of Allotment Deemed date of allotment shall be the date of issue of the letter of allotment. Min. Application Money Rs. 10,000 and in multiples of Re. 1,000 thereafter. Interest Payment Quarterly Option, Semi-annual Option, Cumulative Option, Semi-annual Option. Tenor 60 months, 91 months, 120 months respectively. RECOMMENDATION:- APPLY | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Tuesday, August 18, 2009
L & T FINANCE NCD DETAILS
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good company to invest in....i think option IV is the best for long term investment.....as there is no tds on the amount earned
ReplyDeleteL&T STOCK IS BETTER THAN NCD FOR LONG TERM ....I THINK
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