IFCI Limited announced premature Redemption of Subordinate Bonds due on November 16, 2023 for 9.98% Subordinated Unsecured Redeemable Non-Convertible Bonds Series V (C)--Series P-S5C (ISIN INE039A09PH6). Due date for redemption is October 5, 2037. Amount redeemed is INR 20,22,96,767.