Shriram City Union Finance Limited - Karvy

THE ISSUEThe following is a summary of the Issue. This summary should be read in conjunction with, and is qualified in itsentirety by, more detailed information in the chapter titled “Terms of the Issue” beginning on page 136 of this DraftProspectus.Common Terms of NCDsIssuerShriram City Union Finance LimitedIssueStock Exchangesproposed for listing ofthe NCDsIssuance and TradingTrading LotDepositoriesSecurityRatingPublic Issue by our Company of NCDs aggregating upto ` 37,500 lakhs with an option toretain over-subscription upto ` 37,500 lakhs for issuance of additional NCDs aggregatingto a total of upto ` 75,000 lakhs.NSE and BSECompulsorily in dematerialised formOne NCDNSDL and CDSLSecurity for the purpose of this Issue will be created in accordance with the terms ofthe Debenture Trust Deed. For further details please refer to the section titled “IssueStructure” beginning on page 139 of this Draft Prospectus.The NCDs proposed to be issued under this Issue have been rated CARE AA by CAREfor an amount of upto ` 75,000 Lakhs vide its letter dated July 14, 2011, and CRISILAA-/Stable by CRISIL for an amount of upto ` 75,000 Lakhs vide its letter dated July14, 2011. The rating of the NCDs by CARE indicates high degree of safety regardingtimely servicing of financial obligations and carrying very low credit risk. The rating ofNCDs by CRISIL indicates high degree of safety regarding timely servicing of financialobligations.Issue Schedule ∗Pay-in dateDeemed Date ofAllotmentThe Issue shall be open from [●], 2011 to [●], 2011 with an option to close earlierand/or extend upto a period as may be determined by our Board.3 (three) Business Days from the date of reciept of application or the date of realisationof the cheques/demand drafts, whichever is later.Deemed date of allotment shall be the date of issue of the Allotment Advice / regret.*The subscription list shall remain open for a period as indicated, with an option for early closure or extension by such period, upto a period of30 days from date of opening of the Issue, as may be decided by the Board of Directors of our Company. In the event of such early closure ofsubscription list of the Issue, our Company shall ensure that notice of such early closure is given on such early date of closure throughadvertisement/s in a leading national daily newspaper.The specific terms of each instrument are set out below:Options I IIFrequency of Interest Payment Annual AnnualMinimum Application` 10,000/- (10 NCDs) (for all options of NCDs, namely Options I andOption II either taken individually or collectively)In Multiples of ` 1,000 (1 NCD) ` 1,000 (1 NCD)Face Value of NCDs(` / NCD)` 1,000 ` 1,00033