IFCI Limited at its board meeting held on March 28, 2023, inter-alia including approval of premature redemption of bonds [9.98% Subordinated, Unsecured Redeemable Non-Convertible Bonds Series V (D)] before maturity, subject to requisite approvals. In view of receipt of requisite approvals from Bondholders [Indian Oil Corporation Ltd. (Refineries Division) Employees Provident Fund], Debenture Trustees (Axis Trustee Services Limited) and Stock Exchange where the bonds are listed (BSE), payments towards premature of redemption along with Interest of Subordinated Bonds Series V (D), has been made on June 02, 2023. Amount (Principal): INR 100 Million along with interest due till the date of payment.

Date of Payment is June 2, 2023. Maturity Date is October 15, 2032. There was no record date as there was a Single Bondholder in the series.

The Payment Date of premature redemption has been mentioned as Record Date i.e. June 02, 2023.