How do I redeem L infrastructure bonds 2012?
How do I redeem L infrastructure bonds 2012?
1) Form of Acceptance duly completed and signed in accordance with the instructions contained therein, by all Bondholders whose names appear on the Bond certificates. You may download Form of Acceptance from Company’s website www.ltinfra.com during Buyback Intimation period. 2) Original Bond certificate(s).
How many branches of L are there in the world?
on 17 April 2019.As at 31 March 2019 L Group comprises 110 subsidiaries 8 associates 27 joint venture companies and 31 joint operations.
How do I sell my infra bonds?
Here is how to sell tax free bonds
- 1) Call your broker and execute the order.
- 2) Execute the order online.
- 1) Tax free bonds are issued by government companies.
- 2) Interest is tax exempt.
- 3) Free from defaults.
- 4) Can be held in the physical and demat mode.
- 5) Annual payment of interest.
- GoodReturns.in.
How do I redeem an infrastructure bond?
The bonds are redeemed on the date of maturity on surrender of the duly discharged bond certificates (by signing on the reverse of the bonds with Revenue Stamp of Re. 1/-) by Registered bondholders. The record date for redemption is one month prior to the deemed date of encashment / redemption.
Who is owner of L and T company?
Larsen & Toubro
| AM Naik Tower of L in Mumbai, Maharashtra, India | |
|---|---|
| Founders | Henning Holck-Larsen Søren Kristian Toubro |
| Headquarters | L House, Ballard Estate, Mumbai, Maharashtra , India |
| Area served | Worldwide |
| Key people | Anil Manibhai Naik (Chairman) S. N. Subrahmanyan (MD & CEO) R. Shankar Raman (CFO) |
What is L infrastructure bond?
The first tranche of bonds will carry an interest rate of 9% per annum payable annually or compounded annually. The Tranche 1 Bonds are proposed to be listed on BSE. The bonds have been rated ‘CARE AA+’ by CARE and ‘[ICRA] AA+’ by ICRA considered to offer high safety for timely servicing of financial obligations.
How do I claim an L infrastructure bond?
You can reach the dedicated Customer Service Help Desk @ Toll free No. (1800-209-4747) during our Office timings and our Executives will be at your service to register your grievance.
Is LNT a Indian company?
Larsen & Toubro Ltd, commonly known as L, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology and financial services, headquartered in Mumbai. The company is counted among world’s top five construction companies.
Is LNT is a government company?
In December 1950, L became a public company with a paid-up capital of ₹20 lakh (equivalent to ₹19 crore or US$2.5 million in 2020).