Current Issue

ISSUE OPEN : May 28, 2008

54EC CAPITAL GAINS TAX EXEMPTION BONDS - SERIES-VIII

Interest Rate Increased w.e.f 01-11-2008 from 5.75% to 6.25% payable annually

PRIVATE PLACEMENT ON TAP OF NON CONVERTIBLE REDEEMABLE TAXABLE BONDS IN THE NATURE OF DEBENTURES OF RS. 10,000/- EACH FOR CASH AT PAR WITH BENEFITS UNDER SECTION 54EC OF INCOME TAX ACT, 1961 FOR LONG CAPITAL GAINS-SERIES-VIII.