JNPT Tax Free Bond Tranche II – Issue details::
The Jawaharlal Nehru Port Trust (JNPT) is raising up to Rs 500 crorethrough public issue of tax-free bonds in the nature of secured redeemable non-convertible debentures. The issue would open on March 11 and close on March 15.
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[wptabtitle] Product Note[/wptabtitle] [wptabcontent]Issue Highlight – [ws_table id=”137″]
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
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[ws_table id=”152″]
Allotment Listing Details PDF
Trustee for Bondholders :
Depositories :
NSDL & CDSL
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Are you interested to know brokerage structure in your Inbox mail : rajendra@puneinvest.com
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