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Last Updated On: 09-04-2011


Services

                              M/s Karvy Computer Share Pvt. Ltd., Hyderabad,  are our Registrars  in respect of Bonds issued by the Company  and they are responsible  for payment of interest, transfer/transmission of bonds, redemption of bonds and  redressal of  their complaints. 

                               The company has delegated the power of transfer/transmission of Bonds to the Registrars who have constituted a Committee to render the services to investors.  The Committee meets on fortnightly basis.  The Committee reviews complaints received and appropriate action is taken promptly. 

 

                               On maturity of Bonds, a list of beneficiaries,to whom redemption amount and interest is payable, is obtained from National Securities Depository of India Ltd (NSDL) after the Record Date.  Then, the payment is remitted through RTGS, payment at par cheque(s), etc.

 

                                

                               As and when bonds of a particular series are due for redemption, notice  is published in the leading newspapers apart from  intimation to the bondholders  individually by registered post advising them to present the documents for  the purpose. The Company has  so far successfully  redeemed   about  1.5 lakh   bonds of value over Rs.  9000 crore   representing 1st series to 11th series and partially other series.    Communication particulars of M/s Karvy Consultants are as follows:

 

Mr.S.V. Raju

Karvy Computershare Pvt. Ltd
Unit: IRFC

Plot No. 17 to 24

Vittal Rao Nagar,Madhapur

Hyderabad- 500 081 (A.P.)

Tele No(s) (040)-23114089

Fax No. (040-23410814

        E-Mail: svraju@karvy.com

 

 

Dematerialisation of Bonds


                               All the Bonds issued by the Company have been made available in the dematerialised form.  The same are listed with National Stock Exchange.

                               In case grievance, query, etc. remains unresolved for more than 30 days from the date of receipt of  communication by the Registrars, bondholders are advised to  contact General Manager(Bonds)  in IRFC’s Corporate Office at NBCC Place, Lodi Road, New Delhi-110 003.  EPABX Nos. are 24369766 -69.  Fax No. is 24369770.