Bonds/Debenture Details
ISIN INE020B07IG5

Issuer Details

Issuer Name: RURAL ELECTRIFICATION CORPORATION LIMITED   Issuer Former Name:
Corporate Identity Number(CIN): L40101DL1969GOI005095    
Type of Issuer Based on Ownership: Public Sector Undertaking (PSU)   Type of Issuer - Nature: NBFC
Registered Office Address of Issuer: CORE - 4, SCOPE COMPLEX, 7, LODHI ROAD, NEW DELHI 110003   Business Sector: Finance
Name of the Compliance Officer/Company Secretary: MR. RAJESH KUMAR    

Instrument details

Instrument Description (Long): 8.88% (FOR CATEGORY IV i.e. RII- IF ON RECORD DATE BONDS HELD BY RII ELSE 8.63%) SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE 2. SERIES 2B. DATE OF MATURITY 24/03/2029
Instrument Description(short): RURAL ELECTRIFICATION CORPORATION LIMITED TR 2 SR 2B 8.88 BD 24MR29 FVRS1000
ISIN: INE020B07IG5  
Type of Instrument: Debentures   Face Value (per instrument):: 1000
Whether Secured or Unsecured: Secured   Coupon Basis: Fixed Interest
Whether Guaranteed or Partially Guaranteed: Not guaranteed   Coupon Rate: 8.88% (REFER REMARKS)
      Details of Variable Coupon Rate: N.A.
Seniority in Repayment: Senior   Day Count Convention: Actual/actual
Whether tax free: Yes   Mode of Issue: Public Issue
If Tax free - Section of The Income Tax Act,1961:   Under Section 10(15)(iv)(h)   Issue price (per instrument): 1265
    Issue Size (in Crores): 292.545
Series (if any): TRANCHE 2 SERIES 2B   Total Allotment Quantity: 2925451
Whether bonds/debentures fall under Infrastructure category as per Government notification: Yes   Date of Allotment: 24-Mar-2014
    Tenure of the instrument at the time of Issuance:
Year :
15
Months :
0
Days :
0
    Frequency of Interest Payment with specified dates: 1ST DEC OF EVERY YEAR TILL MATURITY
Scheduled Opening Date: 28-Feb-2014   Put Option with specified dates:
Scheduled Closing Date: 14-Mar-2014   Call Option with specified dates:
Actual Closing Date: 14-Mar-2014   Redemption Date/Last Conversion Date: 24-Mar-2029
      Defaulted in Redemption: Not Applicable
     
If guaranteed, provide complete details regarding the Guarantee: N.A.   Redemption Premium Details: N.A.
Step up / Step down coupon basis:   Step up / Step down details: N.A.
Indicate whether Put option will be exercised at Discount/Premium/Par:   Put option details: N.A.
Indicate whether Call option will be exercised at Discount/Premium/Par:   Call option details: N.A.
Whether Debentures/Bonds are perpetual in nature: No   Indicate whether the instrument is rated: Yes
Type of Convertibility - A: Non Convertible   Convertibility details: N.A.
Type of Convertibility - B:   Coupon Type: Simple
Compounding Frequency Details: N.A.   If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: THE BONDS IS /WOULD BE SECURED BY WAY OF MORTGAGE AN/ OR HYPOTHECATION OF IMMOVABLE AND/ OR MOVABLE PROPERTIES OF THE COMPANY AS AGREED BETWEEN THE TRUSTEE AND THE COMPANY
Credit rating Details
Credit Rating Agency Name Rating Date of Credit Rating Date of Rating Change
ICRA LIMITED ICRA AAA (Under rating watch with developing implications) 12-Dec-2018 12-Dec-2018
INDIA RATING AND RESEARCH PVT. LTD IND AAA 02-Dec-2016
INDIA RATING AND RESEARCH PVT. LTD IND AAA (Under rating watch with negative implications) 02-Dec-2016 26-Dec-2018
ICRA LIMITED ICRA AAA 18-Feb-2014
CARE Ratings Limited CARE AAA 01-Dec-2013
Sr. No. Credit Rating Agency Name Rating Date of Credit Rating Verification Status
1 CRISIL RATINGS LIMITED CRISIL AAA 18-Feb-2014 Verified
2 INDIA RATING AND RESEARCH PVT. LTD IND AAA/Stable 29-Mar-2019 Verified
3 ICRA LIMITED ICRA AAA/Stable 28-Mar-2019 Verified
4 CARE Ratings Limited CARE AAA/Stable 01-Dec-2013 Verified
Arranger/Lead Manager Details
Arranger Details
Sr. No. Arranger Contact Person Registered Office Address Phone No. Fax Email
Nothing found to display.

Lead Manager Details
Sr. No. Lead Manager Contact Person Registered Office Address Phone No. Fax Email
1 A.K. CAPITAL SERVICES LTD VIKAS S. AGARWAL FLAT NO. N, SAGAR APARTMENTS,
6, TILAK MARG
NEW DELHI
DELHI
110001
011-23730752 011-23385189 vikas.agarwal@akgroup.co.in
2 AXIS CAPITAL LIMITED(FORMALY ENAM SECURITIES PRIVATE LIMITED) NATARAJAN MAHADEVAN AXIS HOUSE, 8TH FLOOR, WADIA INTERNATIONAL CENTER
P B MARG, WORLI
MUMBAI
MAHARASHTRA
400025
2243252104 natarajanmahadevan@axiscap.com
3 EDELWEISS FINANCIAL SERVICES LTD B. RENGANATHAN EDELWEISS HOUSE, OFF. C.S.T. ROAD, KALINA
MUMBAI
MUMBAI
MAHARASHTRA
400098
2240635467 mbcomplaince@edelcap.com
4 ICICI SECURITIES LTD MR. SUBIR SAHA ICICI CENTRE, H. T. PAREKH MARG,
CHURCHGATE,
MUMBAI
MAHARASHTRA
400020
022-66377178/22882460/70 022-22845572
Stock Exchange Details
Sr. No. Name of the Stock Exchange Listed/Unlisted/To be listed Date of listing Annual report Term Sheet
1 NSE Listed 08-May-2014 https://www1.nseindia.com/corporates/corporateHome.html?id=recentissues
2 BSE Listed 27-Mar-2014 http://www.bseindia.com/markets/debt/memorandum_data.aspx?expandable=3
Redemption Details
Type of Redemption Indication of Put/Call for Partial redemption Details of Partial Redemption
Full Redemption N.A. N.A.
Partial Redemption
Sr. No. Partial Redemption Date Face Value Redemption Quantity Redemption Redemption Basis
Nothing found to display.

Partial Redeemed
Redemption Method Partial Redemption Date Value Redeemed Quantity Redemption Redemption Reason
Total 0 0
Nothing found to display.
Net Quantity: 0
Debenture Trustee Details
Sr. No. Name of Debenture Trustee Address Contact Details Website Address
1 SBICAP TRUSTEE COMPANY LIMITED 202, MAKER TOWER, "E" WING,20TH FLOOR, CUFFE PARADE,MUMBAI-400005,MAHARASHTRA MR. AJIT JOSHI,022-43025503,9619894506 www.sbicaptrustee.com

Debenture Trustee Default Details
Sr. No. Nature of Issue Issue Size Due Date of Interest Due Date of Redemption Default Details Actual Payment Date and Details
Nothing found to display.
Registrar Details
Registrar Address of Registrar Contact Person Phone No. Fax Email
KFIN TECHNOLOGIES PRIVATE LIMITED Plot No. 17-24, Vittal rao Nagar,Madhapur,Hyderabad500 081 Mr. Amit Verma 040-23420818 040-23420814 amit.verma@karvy.com;phani@karvy.com ; vmahesh@karvy.com