INDIAN RAILWAY FINANCE CORPORATION LIMITED

DEFINITIONS AND ABBREVIATIONSThis Prospectus Tranche-1 uses certain definitions and abbreviations which, unless the context indicates orimplies otherwise, have the meaning as provided below. References to statutes, rules, regulations, guidelinesand policies will be deemed to include all amendments and modifications notified thereto.Company Related TermsTermArticles/Articles ofAssociation/our ArticlesAuditors/ Statutory AuditorsBoard/Board of Directors/our BoardCompany/IRFC/theIssuer/our Company/theCompany/the Corporation/we/us/ourDirector(s)Memorandum/Memorandum ofAssociation/ourMemorandum/MoARegistered and CorporateOfficeRoCDescriptionThe articles of association of our Company, as amended.The statutory auditor of our Company, being M/s Bansal Sinha & Co.The board of directors of our Company.Indian Railway Finance Corporation Limited, a public limited company incorporated underthe Companies Act 1956.The director(s) on our Board.The memorandum of association of our Company, as amended from time to time.UG Floor, East Tower, NBCC Place, Pragati Vihar, Lodhi Road, New Delhi 110 003, India.Registrar of Companies, National Capital Territory of Delhi and Haryana.Issue Related TermsTermAllotted/Allotment/AllotAllotment AdviceAllotteeApplicant/ InvestorApplicationApplication AmountApplication FormApplication Supported byBlocked Amount/ASBA/ASBA ApplicationASBA AccountASBA ApplicantBankers to the Issue /Escrow Collection BanksBase Issue SizeBasis of AllotmentBond Certificate(s)Bondholder(s)DescriptionThe issue and allotment of the Bonds to successful Applicants, pursuant to this Tranche-1IssueThe communication sent to the Allottees conveying the details of Bonds allotted to theAllottees in accordance with the Basis of Allotment.A successful Applicant to whom the Bonds are Allotted pursuant to the Issue, either in fullor in part.A person who makes an offer to subscribe the Bonds pursuant to the terms of the ShelfProspectus and Prospectus Tranche-1 and Application Form.An application to subscribe to Bonds offered pursuant to the Issue by submission of a validApplication Form and payment of the Application Amount by any of the modes asprescribed under the relevant Tranche Prospectus(es).The aggregate value of the Bonds applied for, as indicated in the Application Form forTranche Issue.The form in terms of which the Applicant shall make an offer to subscribe to the Bondsthrough the ASBA or non-ASBA process, in terms of the Shelf Prospectus and ProspectusTranche - 1An Application (whether physical or electronic) used by an ASBA Applicant to make anApplication by authorizing the SCSB to block the Application Amount in the specified bankaccount maintained with such SCSB.An account maintained with a SCSB which will be blocked by such SCSB to the extent ofthe Application Amount mentioned in the Application Form by an ASBA ApplicantAny applicant who applies for the Bonds through the ASBA Process.The banks which are clearing members and registered with SEBI as bankers to the Issue,with whom the Escrow Accounts and/or Public Issue Accounts and/or Refund Accounts willbe opened and in this case being Axis Bank Limited, ICICI Bank Limited, IDBI BankLimited, IndusInd Bank Limited, Kotak Mahindra Bank Limited, Punjab National Bank,Yes Bank Limited and HDFC Bank Limited` 1,00,000 LakhsThe basis on which the Bonds will be allotted to successful Applicants under the Issue andwhich is described in “Issue Procedure – Basis of Allotment” on page 82.Certificate issued to the Bondholder(s) in case the Applicant has opted for physical bonds onallotment or pursuant to rematerialisation of Bonds based on request from theBondholder(s).Any person holding the Bonds and whose name appears on the beneficial owners listprovided by the Depositories (in case of bonds held in dematerialized form) or whose nameappears in the Register of Bondholders maintained by the Issuer (in case of bonds held inphysical form).3