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INFORMATION MEMORANDUM II. DEFINITIONS/ABBREVIATIONS Issuer Related Terms The Corporation/REC/ Issuer/Company Issue/Offer/Private Placement The Act The Companies Act, 1956 The Bond(s) Bondholder Rural Electrification Corporation Limited, incorporated on July 25th, 1969 under the Companies Act, 1956 Private Placement of Non-Convertible, Redeemable, Taxable, Bonds in the nature of debentures with benefits under Section 54EC of the Income Tax Act, 1961 for Long Term Capital Gains Non-Convertible Redeemable Taxable Bonds in the nature of the debentures with benefits under Section 54EC of the Income Tax Act, 1961 for Long Term Capital Gains The holder of the Bonds DP/Depository Participant Depository Participant as defined under the Depositories Act, 1996 Registered Bondholder Registrar Bondholder whose name appears in the register of Bondholders maintained by the Corporation or its Registrar (in case of investors opting for physical certificates) and beneficial owners (in case of investors opting for demat option) M/s. LINK INTIME India Pvt. Ltd. have been appointed by REC to monitor the applications while the Private Placement is open and coordinate the post Private Placement activities of allotment, dispatching interest warrants etc. Contact Address: LINK INTIME India Pvt. Ltd. REGISTERED OFFICE C-13, Pannalal Silk Mills Compound, LBS Marg, Bhandup (W), Mumbai 400 078 Telephone Number: 022-25967878, Fax: 022-25960329 Email: rec.bonds@linkintime.co.in Contact Person: Mr. Dinesh Yadav OR DELHI OFFICE 44, 2nd Floor, Naraina Community Centre Phase I, Near PVR Cinema, Naraina, New Delhi 110028 Telephone Number: 011-41410592/93/94, Fax: 011-41410591 Email: delhi@linkintime.co.in Contact Person: Mr. Bharat Bhushan PRIVATE & CONFIDENTIAL 2
INFORMATION MEMORANDUM III. ISSUE HIGHLIGHTS Issue of Non-Convertible Redeemable Taxable Bonds in the nature of Debenture of Rs. 10,000/- each for cash at par with Benefits U/S 54EC of the Income Tax Act, 1961, on Private Placement- Series IX - On Tap Basis ISSUE REC Capital Gains Tax Exemption Bonds Series-IX CREDIT RATING ISSUE SIZE FACE VALUE ISSUE PRICE COUPON RATE ISSUE DATE MINIMUM APPLICATION SIZE MAXIMUM APPLICATION SIZE MODE OF SUBSCRIPTION CHEQUE / DRAFT TO BE DRAWN IN THE NAME OF DEEMED DATE OF ALLOTMENT INTEREST PAYMENT & DATE TENOR REDEMPTION / MATURITY TRANSFERABILITY ‘CRISIL AAA Stable’ by CRISIL/“CARE AAA” by CARE /"[ICRA] AAA" by ICRA / ‘IND AAA ’ by IRRPL 1000 Crore plus green shoe option to retain the oversubscription Rs. 10,000/- per bond Rs. 10,000/- per bond 6.00% annually Issue Opening Date: 1 st April 2013, Issue Closing Date: 31 st March, 2014 (at the close of the banking hours) or at a date as may be decided by REC in its absolute discretion One Bond of Rs. 10,000/- each. 500 Bonds of Rs. 10,000/- each in a financial year (Subject to section 54EC of Income Tax Act, 1961) 100% on application ‘RURAL ELECTRIFICATION CORPORATION LIMITED-54EC Bonds” Last day of each month in which the subscription money is received and credited to REC account Annual, June 30 of each year 3 years At par, at the end of 3 years from the Deemed Date of Allotment Non-transferable, Non-negotiable and cannot be offered as a security for any loan or advance TRUSTEE IDBI Trusteeship Services Ltd., Mumbai BANKERS TO ISSUE HDFC BANK, CANARA BANK, IDBI BANK, INDUSIND BANK, (For Designated Branches please visit our website: www.recindia.nic.in & www.recindia.com) Note: 1. REC reserves the right to revise the coupon rate and/or close the issue by giving notice. The investor is advised to consult REC/mobilisers, before depositing the application with bank. 2. All applications submitted but rejected by REC would be returned by REC to the applicant, without any Interest. 3. Application for Rs. 10,000/- or in multiples of Rs 10,000/- will be accepted IV. NAME AND ADDRESS OF REGISTERED / HEAD OFFICE OF THE ISSUER Name of the Issuer : Rural Electrification Corporation Ltd. Registered/Head Office/ Corporate Office : Core-4, SCOPE Complex, 7, Lodi Road, New Delhi - 110003 Telephone Number : +91 11 011-24361320, 43091527 Fax Number : +91 11 43091598 Website : www.recindia.com & www.recindia.nic.in E-mail : investorcell@recl.nic.in Statutory Auditors : i) M/s Bansal & Co., A-6, Maharani Bagh, New Delhi-110065. ii) M/s. P. K. Chopra & Co. N-Block, Bombay Life Building,2 nd Floor, Above Post Office, Connaught Place, New Delhi-110001. PRIVATE & CONFIDENTIAL 3
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