Ennore Port Ltd (EPL) Tax Free Bond Issue details
EPL has come out with its Tax Free Bond Issue. Ennore Port Ltd is a MINI RATNA status company. Ennore is situated on the coromandal coast about 24km north of Chennai Port along the coast line, in the State of Tamil Nadu, India. It is the 12the Major Port in India and the first Corporatised Major Port in India.[wptabs style=”smoothness” mode=”horizontal”]
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[wptabtitle] Product Note[/wptabtitle] [wptabcontent]Issue Highlight – [ws_table id=”129″]
Issue Structure –
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*Additional Interest of 0.50% p.a. shall only be available to the original Allottees under category IV. In the event of Sold/transfer , the Coupon rate shall stand revised to the coupon rate applicable for allottee falling under Category I, II , III.
Cheque Details-
Retail Investor :
Bankers : [/wptabcontent]
[wptabtitle] About Issue[/wptabtitle] [wptabcontent]
About the Issuer
Ennore is situated on the coromandal coast about 24km north of Chennai Port along the coast line, in the State of Tamil Nadu, India. It is the 12the Major Port in India and the first Corporatised Major Port in India.
Ennore Port was originally conceived primarily to handle thermal coal to meet the requirement of Tamil Nadu Electricity Board (TNEB). The scope was expanded taking into account subsequent developments such as the plan of Government of Tamil Nadu to set up
- A 1880 mw LNG power project in association with a Private consortium
- A large Petro Chem Park
- A Naphtha Cracker Plant
Benefit to Investor
- The Income by way of Interest on these Bonds is fully exempt from Income Tax as per provision under section 10(15) (iv) (h) of IT act.
- No TDS
- Capital Gain Benefit – capital gain arising on the transfer of listed bonds shall be taxed @ 10% without Indexation or @20% with Indexation.
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[wptabtitle] Allotment/Listing[/wptabtitle] [wptabcontent]
Registrar of Issue :
Link Intime Pvt Ltd
Allotment Details
Ennore Port Ltd Listing Details PDF Download
Depositories :
NSDL & CDSL
Are you interested to know brokerage structure in your Inbox mail : rajendra@puneinvest.com
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