IDFC First Bank Limited Notice Advertisement in Newspaper.
IDFC FIRST Bank
IDFC FIRST Bank Limited
CIN: L65110TN2014PLC097792 WebsIte: www.lcitcfirstbank.com
Registered Office: KRM Tower, 7th Floor, No. 1, Harrington Road, Chetpet, Chennai 600 031, Tamil Nadu, India. Tel: +91 44 4571 6400; Fax:+91 44 4564 4022 Corporate Office: Naman Chambers, C-32, G-Block, Bandra – Kuria Complex, Bandra (East), Murnbai 400 051,Maharashtra, India. Tel: +91 22 7132 5500; Fax: +91 22 2654 0354
Dear Bondholders, This communication is being made with reference to Tranche 2 (Series 1 E I 2) – Long Term Infrastructure Bonds (“LTIBs”) issued by IDFC Limited during financial year 2010-11. We wish to convey that the Bank had reached out to all the Bondholders vide its email dated January 07, 2021 at their e-mail address as registered with our Registrar & Transfer Agent (`RTA’), KFin Technologies Private Limited, detailing the process of redemption of such LTIBs. Wherever the email ids were not registered with our RTA, or were returned, we had reached out to such Bondholders through courier at the residential address available on records of our RTA. In the said communication dated January 07, 2021, we had requested bondholders to update their personal records, viz. bank account, address, mobile no, and other important information, wherever required for redemption. Further, to spread awareness about said redemption, we also issued newspapers advertisements, made Stock Exchanges intimations, and hosted the same on our Bank website.
The aforesaid LTIBs got matured on Sunday, February 21, 2021. An electronic credit of the redemption proceeds was made to all the Bondholders where the Bank accounts were available in our RTAs records. Where bank accounts were not available, Physical Warrants/ Demand Drafts were dispatched at their registered address available with the RTA of the Bank. (Note: February 21, 2021 being Sunday and holiday, payment was made on the next working day i.e. Monday, February 22, 2021, along-with additional interest for one day] We understand that certain bondholders to whom physical warrant/ Demand Draft were issued and sent at their address registered with our RTA, are yet to receive physical redemption warrants and courier may not have delivered the physical warrant/ Demand Draft yet to you. This might be because 10 years have elapsed since the issue of the bond and thus the address and/or contact details, as registered with the RTA in FY 2010-11, could have been changed, there could be non-updation of latest contact details, there could be incomplete address on records or also on account of COVID related restrictions in certain localities.
We are desirous of crediting to your account your redemption proceeds immediately. Hence, in case you have not received the redemption warrant yet, we urge you, vide this public press communication, to kindly convey your operational Bank account number to our RTA (along with Folio no., scanned copy of cancelled cheque & PAN card in the name of bondholder), and we will immediately do an electronic credit to your Bank account. Where PAN card in the name of bondholder is not available, kindly send us a copy of any document which can used for your signature verification. In this regard, for updating the bank details, we request you to send your request to our RTA, KFin Technologies Private Limited at firstname.lastname@example.org. For any escalations, you can also send an email at email@example.com. Thank you for your kind cooperation and support.
Place: Mumbai Date: March 13, 2021
For IDFC FIRST Bank Limited
Satish Gaikwad Head – Legal & Company Secretary
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