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Please contact on following numbers, resource Branch Phone.We do not offer any refunds.Already a premium subscriber?Track the industry of your choice with a daily newsletter specific to that industry.Sebi has told the Nigam to inform it as well as the bondholders individually about the redemption and issue advertisements to the effect before January 8, 2009.The Nigam had issued 20-year deep discount bonds in 1993 at a price.Stay on top of your investments.The market regulator has directed the Nigam to justify the redemption price of bonds and inform all the bondholders individually about it before January.
Requests mailed to any other ID will not be acknowledged or actioned upon.Get a daily email with all the news updates on them.ON business standard digital.Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal.Pick 5 of your favourite companies.149.00, requires personal information, what you get?It said, The Nigam has not indicated the approach followed to arrive at the redemption price and the justification of the price in relation to prices at which investors have been transacting in the bonds in the secondary market.18 years of archival data.Note : The product is a monthly auto renewal product.
Accordingly, the Nigam has sent notices to bondholders saying it would redeem all the outstanding bonds as of January 10 at a redemption price.
A view of the Sardar Sarovar Narmada dam in Kavadia, Ahmedabad.
While the bondholders had the option to redeem their bonds at the 7th, 11th and 15th year, the Nigam did not have the right to unilaterally call back the bonds.