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L&T Long Term Infrastructure Bonds 2012 A Series

Secured, Redeemable , Non Convertible Debentures


Issue Open Date: January 10th , 2012 Issue Close Date: February 11th , 2012*
*The Issue shall remain open for subscription during banking hours for the period indicated above, except that the Issue may close on such earlier date or extended date as may be decided by the Board subject to necessary approvals. In the event of an early closure or extension of the Issue, the Company shall ensure that notice of the same is provided to the prospective investors through newspaper advertisements on or before such earlier or extended date of Issue closure

ISSUE STRUCTURE
OFFERING Public Issue by L&T Infrastructure Finance Company Limited (Company or Issuer or L&T Infra) of Long Term Infrastructure Bonds of face value of Rs. 1,000 Each, in the nature of secured, redeemable, non-convertible debentures, having benefits under section 80 CCF of the Income Tax Act, 1961 (the Bonds), not exceeding Rs. 11,000.00 million for the financial year 2011-12 (the Shelf Limit). The Bonds will be issued in one or more tranches subject to the Shelf Limit for the financial year 2011-12. L&T Infrastructure Finance Company Limited In Dematerialized or Physical form Rs.1,000/- per Bond Rs.5,000/- (5 Bonds in multiples of 1 Bond thereafter) 10 Years from the Date of Allotment

ISSUER INSTRUMENT FORM FACE VALUE MINIMUM INVESTMENT MATURITY DATE

LOCK IN
CREDIT RATING ELIGIBLE INVESTORS TRADING LISTING

5 Years from the Deemed Date of Allotment


"[ICRA] AA+" by ICRA & "CARE AA+" by CARE Resident Indian Individuals and HUF Dematerialized form only following expiry of the Lock-in Period Proposed to be listed on BSE

ADDITIONAL TAX BENEFIT

Tax deduction of Rs.20,000 u/s 80CCF over and above the limit of Rs.1,00,000 u/s 80C

OPTIONS
FREQUENCY OF INTEREST PAYMENT

I
Annual i.e. yearly payment of Interest

II
Cumulative ,i.e. cumulative interest payment at the end of maturity or buyback , as applicable Rs. 1,000/Rs.5000/- & in multiples of Rs.1000 thereafter 8.70% p.a. compounded annually 10 years from the Deemed Date of Allotment Rs 2,303.31/- Bond Yes Rs 1,517.57 at the end of 5 years / Rs 1,793.11 at the end of 7 years

FACE VALUE (Rs./Bond) MINIMUM APPLICATION INTEREST RATE MATURITY DATE MATURITY AMOUNT PER BOND BUYBACK OPTION BUYBACK AMOUNT BUYBACK DATES BUYBACK INTIMATION PERIOD YIELD ON MATURITY YIELD ON BUYBACK

Rs. 1,000/Rs.5000/- & in multiples of Rs.1000 thereafter 8.70% p.a. 10 years from the Deemed Date of Allotment Rs 1,000/- Bond Yes Rs 1,000

The 1st working day after the expiry of 5 Yrs/ 7 Yrs from the Deemed Date of Allotment The period commencing from 6 months preceding the relevant Buyback Date and ending 3 months prior to such Buyback Date 8.70% p.a. 8.70% p.a. 8.70% p.a. compounded annually 8.70% p.a. compounded annually

HIGHLIGHTS OF THIS ISSUE:


The L&T Infrastructure Bond fund has only two option i.e. 1 & 2. Under option (1) the coupon rate is 8.70% annual and also under (2) the interest rate is 8.70% will get compounded annually till the time of buyback or maturity The bond has rating of "[ICRA] AA+" by ICRA & " CARE AA+ by CARE with high credit quality & safety in terms of timely servicing of principal and interest obligations.

A client can avail deduction u/s 80CCF by investing upto Rs 20,000 in Infrastructure Bond over an above of Rs 1,00,000 u/s 80C.
After lock-in period investor may exit either through the secondary market or through a buyback facility. NCDs will be listed on BSE for trading. Trading will commence post completion of the lock in period Collection Bankers to the issue are Axis Bank, City Union Bank, HDFC Bank, ICICI Bank, IDBI Bank, State Bank of India . Cheques has to be made in the favor of L&T Infra Bonds 2012A

WHO CAN APPLY:


Resident Individuals HUF

Disclaimer
This document has been prepared for your information only. In rendering this information, we assumed and relied upon, without independent verification, the accuracy and completeness of all information that was publicly available to us. The information has been obtained from the sources we believe to be reliable as to the accuracy or completeness. This should not be construed as an offer to sell or buy the securities and the information contained herein is meant for the recipient only and is not for public distribution. This information is given in good faith and we make no representations or warranties, express or implied as to the accuracy or completeness of the information and shall have no liability to you or your representatives resulting from use of this information. We shall not be liable for any direct or indirect losses arising from the use thereof and accept no responsibility for statements made otherwise issued or any other source of information received by you and you would be doing so at your own risk. The investment as mentioned in the document may not be suitable for all investors. Investors may take their own decisions based on their specific investment objectives and financial position and using such independent advisors, as they believe necessary. Investments in Company NCD are subject to the credit risk of the company having the ability to repay the principal and interest on the deposits on maturity. For Risk Factor please refer to prospectus issued by company dated 03rd January 2012.

Thank You

Published in FY 2012. Angel Broking 2011-12 Angel Broking All rights reserved. Corporate Office: 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai 400 093, India Tel.: +(91) 022 3935 7600 The information given herein or in the accompanying material is intended only to be general information relating to the organization, structure, functions, areas of business, potential and scope of Angel Group of companies, which expression may as the context requires include the holding company, subsidiary companies and their affiliates, or any or all of them, variously referred to as Angel Broking, Angel Group, Angel or the Group or the Company and while every effort has been made to ensure the accuracy and completeness of the information given, neither the group companies, nor any of their Directors, Members, employees, servants or agents make any guarantee or assume any liability for any errors or omissions in the information furnished. It is further made clear that nothing stated or anything omitted to be stated in this document can constitute a ground for any claim, demand or cause of action against the company or any of its Directors, Members, employees, servants or agents.

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