[Resolved]  Infrastructure Development Finance Company [IDFC] — IDFC Bank Infrastructure development finance company [idfc] idfc limited / karvy bond maturity amount unpaid

Address:

Mumbai City, Maharashtra, 400051

Dear sir,

Reg : infrastructure development finance company [idfc] idfc limited — non receipt of maturity of bonds

I have invested 20000/- (Rs. Twenty thousand only) in idfc limited – infra bond tranche 2 with application no[protected]Account number folio - ide0232138) in february 2012. The same was opted for buy back in year 2017.

When i contacted karvy for buyback in april 2017, they asked me to open demat account and the conversion of physical bond to demat form. So i had opened demat and submitted idfc bond to karvy, yelahanka. After processing the application, i got the message that 4 bonds are in demat, ready to sell. But the statement was showing worth rs. 20, 000.

When i asked to sell these bonds, karvy told me that i can get only 20, 000!!!. He told interest part is not added. So i wrote mail to kishore. [protected]@karvy.com, copied [protected]@idfc.com as per idfc customer care suggestion. However sir, the amount was not still released and no one is responding to follow up mails and calls. I regret to note that i have not received amount till date and investee are not replying my mail and phones.

I called in investee’s office regarding maturity amount and their executives confirmed that it is another team which takes care of the payment / payment date confirmations.

. Sir, i humbly request you to make process maturity amount of my bonds and remit the amount of maturity along with interest.

. Application no[protected]
. Account number - folio - ide0232138
. Documents received by investee on - 07.04.2017
. Bonda buyback date : march 21, 2017