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54ec - Notice 01.04.10

The Rural Electrification Corporation Limited, a Government of India enterprise, has extended the subscription period for its REC 54 EC Capital Gains Tax Exemption Bonds - Series VIII. The subscription period is now extended until March 31, 2011 or until the Government of India modifies the relevant section of the Income Tax Act of 1961, whichever date is earlier. All other terms and conditions outlined in the Information Memorandum remain the same, except the interest rate has been decreased from 6.25% to 6.00% annually for applications submitted on or after April 1, 2010.

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21 views

54ec - Notice 01.04.10

The Rural Electrification Corporation Limited, a Government of India enterprise, has extended the subscription period for its REC 54 EC Capital Gains Tax Exemption Bonds - Series VIII. The subscription period is now extended until March 31, 2011 or until the Government of India modifies the relevant section of the Income Tax Act of 1961, whichever date is earlier. All other terms and conditions outlined in the Information Memorandum remain the same, except the interest rate has been decreased from 6.25% to 6.00% annually for applications submitted on or after April 1, 2010.

Uploaded by

sudha_pmk
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Rural Electrification Corporation

Limited
(A Govt. of India Enterprise)
Core- 4, SCOPE Complex, 7, Lodhi
Road, New Delhi - 110003.

Tel.: 24365161(Extn-527), 24361320,


43091527 Fax: 24365998,24360644

Notice
REC 54 EC CAPITAL GAINS TAX
EXEMPTION BONDS – SERIES VIII

REC extends subscription in the


above said Bonds series till
31.03.2011 or till any notification /
modification is done by the GOI in
the Income Tax Act, 1961 whichever
is earlier.
All other terms & conditions of the
Information Memorandum (IM)
remain same except interest rate is
decreased from 6.25% to 6.00%
payable annually for applications
submitted on or after 1st April 2010.
For further information, investors may
refer IM and website:
http://rec.rcmcdelhi.com

Dated 31.03.2010 Chief Manager (Bonds)

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