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Dredging Corporation of India Ltd
Redemption / Extinguishment- 6.97% (10 Years) DCI Tax Free Bonds 2012-13 In The Nature Of Secured Redeemable Non-Convertible Debentures Having Tax Benefits Under Section 10 (15) (Iv) (H) Of The Income Tax Act 1961. Issue Size Of Rs. 500 Cr.; Allotted Amou
03:43 PM, 8th May 2023
The captioned bonds were issued by the Dredging Corporation of India Limited in March 2013 for a period of ten years. The Tax Free Bonds have matured in the tenth year i.e. 2023. It is informed that the Company has made Principal amount along with interest on due date i.e. 28th March 2023 to the eligible bondholders as per the record date. The confirmation Letter from CDSL & NSDL is attached for your ready reference.2. This may please be treated as intimation to Stock Exchanges as per Regulation 30 of SEBI (LoDR) 2015.