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IDFC - Outcome of Committee Meeting (February 21, 2011)

Infrastructure Development Finance Company Ltd has informed BSE that the Committee of Directors, at its meeting held on February 21, 2011, had approved the following:

  • Prospectus - Tranche 3* which includes terms and conditions for Tranche - 3*
  • Issue to open for subscription from February 28, 2011 - March 16, 2011.

Tranche - 3* - Proposed public issue by Infrastructure Development Finance Company Ltd of long term infrastructure bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under Section 80CCF of the Income Tax Act, 1961 (the "Bonds") for an aggregate amount not exceeding Rs. 21,716.7 million (the "Issue").

Prospectus Tranche - 3 will be submitted by the Lead Managers to the Issue on behalf of the Company.


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