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JBF Industries Limited - BSE

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XIII. UNDERTAKING TO USE A COMMON FORM OF TRANSFER<br />

The normal procedure for transfer of securities held in dematerialized form shall be followed for transfer of these<br />

debentures held in electronic form. The seller should give delivery instructions containing details of the buyer’s DP<br />

account to his depository participant. The Issuer undertakes that there will be a common transfer form / procedure<br />

for transfer of Debentures.<br />

XIV. REDEMPTION AMOUNT, PERIOD OF MATURITY, YEILD ON REDEMPTION<br />

Tenure 4 years 9 months<br />

Coupon Rate 11.15% p.a. for all the series<br />

Series I – January 27, 2013<br />

Series II – July 27, 2013<br />

Redemption Date<br />

Series III – January 27, 2014<br />

Series IV – July 27, 2014<br />

Series V – October 27, 2014<br />

Minimum Subscription None (Private Placement)<br />

Depository NSDL<br />

Security<br />

First Pari‐passu charge on Fixed Assets of the Company with a minimum asset cover<br />

of 1.25 times to be maintained during the tenor of the NCDs.<br />

Settlement<br />

Payment of interest and principal will be made by way of Cheque(s)/interest warrant<br />

(s)/demand draft(s)/ RTGS.<br />

24

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