Issuer REC Limited (“the issuer”)
Offering 2,00,000 Nos. Redeemable, Non-Convertible REC Long Term Infrastructure Unsecured
Bonds – Series of Rs. 5,000/- each aggregating to Rs. 100 crore with a green-shoe option
to retain over-subscription
Type Private Placement basis
Instrument Redeemable, Non-Convertible REC Long Term Infrastructure Unsecured Bonds having
benefits under section 80 CCF of the Income Tax Act, 1961 for investment up to Rs.
20,000/-
Eligible Investors Resident Indian Individuals (Major) and HUF through Karta of the HUF
Face Value Rs. 5,000/- per bond
Minimum Application Rs. 5,000/- (i.e. 1 Bond)
Maximum Application No limit
Application in multiples of Rs. 5,000/- (i.e. 1 Bond)
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Application form for Applying for Tax Saving Long Term Infrastructure Bond
Submit filled up application Collection canter near you
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