Infrastructure Development Finance Company [IDFC] — IDFC Long Term Infrastructure Bonds Tranche 2 | |||||
I have been allotted four bonds as details are given below - Regds folio no.IDB0362573 Certificate no. 362573 ISIN: INE043D07385 Name of bond holders Mahesh Kumar Rajotia Sala Rajotia Distictive no. [protected] - [protected] I want to redeem these bond but I have not received buy back intimation so far on my registered address. Please tell me process for redemption of bond. Regards Mahesh Kumar Rajotia Mob: [protected] Mail Id : [protected]@gmail.com Was this information helpful? | |||||
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Infrastructure Development Finance Company [IDFC] customer support has been notified about the posted complaint. | |||||
 2 Comments | |||||
Comments
Hi Mahesh,
IDFC Infra Bonds Tranche[protected]Folio # IDB0362573) we would like to inform you that the lock-in period (Buyback date) of IDFC Bond - Tranche-2 is expired on 22nd Feb 2016. Kindly be informed that Date of Acceptance of original bond certificate for Buyback application is ended/closed now. Applications received post Closure Date (17th Aug 2016) will not be accepted for buyback.
Since we have not received your duly discharged certificate for buyback before closure date it is considered for maturity (10 years) from our side or the bondholder has the option to trade at the stock exchange.
NOTE: As IDFC Bond are tradable in the Stock Market, you may approach to register Share Broker of Stock Exchanges for Sale of Bonds. OR you can retain the Bonds till maturity date (21st Feb 2021) to avail the redemption proceeds from us.
Regards,
IDFC Bank
IDFC Infra Bonds Tranche[protected]Folio # IDB0362573) we would like to inform you that the lock-in period (Buyback date) of IDFC Bond - Tranche-2 is expired on 22nd Feb 2016. Kindly be informed that Date of Acceptance of original bond certificate for Buyback application is ended/closed now. Applications received post Closure Date (17th Aug 2016) will not be accepted for buyback.
Since we have not received your duly discharged certificate for buyback before closure date it is considered for maturity (10 years) from our side or the bondholder has the option to trade at the stock exchange.
NOTE: As IDFC Bond are tradable in the Stock Market, you may approach to register Share Broker of Stock Exchanges for Sale of Bonds. OR you can retain the Bonds till maturity date (21st Feb 2021) to avail the redemption proceeds from us.
Regards,
IDFC Bank
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+91 44 4564 4000 (Regd. Office)
+91 11 4331 1000 (New Delhi)
+91 80 4344 8000 (Bengaluru)
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KRM Tower, 8th Floor, No. 1, Harrington Road, Chetpet, Chennai, Tamil Nadu, India - 600031
We are sorry for the issues you’ve had with your account. This isn't the experience we want for our customers. We will investigate and get back to you at the earliest.
Regards,
IDFC Team