By Vivek Kotian Mob: 00919820310487 E-mail: firstname.lastname@example.org
India Infoline Finance Limited (“Company” or “Issuer”), an NBFC subsidiary of India Infoline Limited, will open a Public Issue of Un-Secured Redeemable Non-Convertible Debentures of face value of Rs 1,000 each (“NCDs”) aggregating up to Rs 2,500 million (“Base Issue Size”), with an option to retain oversubscription up to Rs 2,500 million, aggregating to a total of Rs 5,000 million (the “Over all Issue Size”), on September 5, 2012. The NCDs will be in the nature of subordinated debt and will be eligible for Tier-II capital. The NCD Issue has 3 investment options and the yield on redemption is 13.52%, 12.75% and 12.75% (per annum) for Option I, II, III respectively. The issue closes on September 18, 2012.