| Information For Investors |
|
NHPC has been accessing Domestic Bond Market through various Public and Private Placements since its first issue in 1986.The Corporation has a robust track record in interest/ Redemption payments on time and to the satisfaction of Bondholders. The Series of Bonds alive as on date are:
7.70% non-cumulative, non-convertible, redeemable, taxable « O » Series Bonds.
General Information to the Bondholders
Exemption from tax at source
As per section 193(ix) of Income Tax Act, 1961, no tax shall be deducted from ‘any interest payable on any security issued by a company, where such security is in dematerialized form and is listed on a recognized stock exchange in India in accordance with the securities contracts (Regulation) Act, 1961(42 of 1956) and the rules made there under. |
|
| Information on Investors’ Education & Protection Fund |
A new Section 205 (C) has been introduced in the Companies Act, 1956 w.e.f. 31.10.1998 by Companies Amendment Act, 1999. Further Investors Education and Protection Fund (Awareness and Protection of Investors) Rules, 2001 has been notified (Vide GSR 750) and come into effect from 01-10-2001. This statutory provisions call for transfer of following amount to the credit of Investors’ Education and Protection Fund, if the same are lying unclaimed and unpaid for a period of seven years from the dates they first became due for payment:
a) Amounts in the unpaid dividend accounts of companies.
b) The application moneys received by companies for allotment of securities and due for refund.
c) Matured deposits with companies.
d) Matured debentures with companies.
e) The interest accrued on the amounts referred to in clause a) to d) above.
It has also been provided that no claims shall lie against the Fund or the Company in respect of individual amounts which were unclaimed and unpaid for a period of seven years from the dates that they first became due for payment and no payment shall be made in respect of any such claim. |
|
| Address for Communication |
For any suggestions or matters related to interest / redemption payment on any series of bonds please contact the undersigned:
|
|
| Chief (Finance) |
Treasury Department
NHPC Limited
4th Floor, NHPC Office Complex
Sector – 33, Faridabad
Haryana – 121003
Phone # : 0129-2278410, Tele-fax # : 0129-2270902
e-mail: jayantkumar@nhpc.nic.in , sharadchandra@nhpc.nic.in
|
|
| Registrar & Transfer Agent – for demat electronic connectivity only |
RCMC SHARE REGISTRY (P) LTD
B - 106, Sector - 2
Noida (UP) - 201 301
Phone # +91 120 4015880 Fax- +91 120 2444346
e-mail : info@rcmcdelhi.com |