| Address: New Delhi, Delhi |
Pl.Refer my mail dtd.27th Aug. wherin I furnished the following available information and requested for status/details of Bond allotment, But no response from your office.
Bond Applied : IFCI Infra Bond, (10 year), 9%.
Amount Invested: Rs.20, 000
No. of Bond applied: 20 (face value Rs.1000)
Invested Date:28/12/2011
Cheque No.58821 of State Bank of Mysore, deposited with HDFC Bank .
My Account debited on 03/01/2012 .
Deemed date of allotment: 07/03/2012.
PAN Details:AARPV6122H- Venkatesh.R
with the above available information, I request you to provide details of Bond allotment from the company, as I have not received Bonds from the company.
Once again, I request you to expedite with swift reply with all details of Bond allotment .
Please expedite.
Sincerely yours,
(R.Venkatesh.)
No.765, 14th Cross, 16th Main, Saraswathipuram, Mysore-570009
Mob:[protected][protected]@gmail.com
IFCI customer support has been notified about the posted complaint.
This has reference to your letter along with bond certificate with regard to the buyback of your investment made against the IFCI Long Term Infra Bonds Series IV.
In this regard, we wish to inform you that an intimation was sent to you on 31.08.2018 to surrender the original bond certificate(s) for buyback payment due on 15.02.2019, but we did not receive the same within timeline for our further action, since the last date for submission was 14.11.2018. We request you to refer Clause vide No. 6 on the reverse of the bond certificate specifying submission period. Moreover, in line with the said clause, submission of the bond certificate is required for record/reconciliation/mutual protection and to avoid any misuse considering the 10 year maturity of the bond and buyback happening at the mid of maturity period.
Since we did not receive the original bond certificate within the specified period, we were unable to consider for buyback and referred for next buyback / maturity payment.
Also note that, the bonds are already listed with Stock Exchange, where you can trade the bonds anytime till maturity date. Or if you retain the bonds till next buyback / maturity.