CAPITAL GAIN EXEMPTION – SECTION 54EC BOND DISCONTINUED BY NHAI
National Highways Authority of India
(Ministry of Road Transport and Highway)
NHAI/54 EC Bonds/2022-23/Collecting Banks
The followings collecting Banks of NHAI 54EC Bonds:-
Dated: 03.09.2022
Mr. Sung Kumar Khanna, Manager Canara Bank; CMS Branch
Jeevan Bharati Building
Connaught Place, New Delhi-110001 A/C No. 2471201001184
Mr. Aditya Gupta: Relationship Manager IDBI Bank LW; CMS-OPS, CCU,
1 B/8,Tewarl House,
pusa Rood, New Delhi-110005 A/c No. 998103000002561
Mr. Vikas Gupta, Relationship Manager Axis Bank Ltd.
Janakpuri Branch, C-3/21, Janakpun, New Delhi-110058 A/C NO.. 912020019237448
Mr. Hemant Sood Indusind Bank Ltd, NHAI Office New Building, Basement Floor, G-4, Sector 10, Dwarka, New Delhi -110075
A/c No.151612198800
Ms. Kalpana Taing, Relationship Manager HDFC Bank Ltd.,
1st Floor, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi-110001
A/C NO.00030350007025
Mr. Nilay Kumar; Branch Head Union Bank of India
13, Bansal Plaza. Central Market Sector-6, Dwarka; New Delhi-110 075 A/c No. 536401010000419
Ms. Shweta Surana; Deputy Manager
ICICI Bank Limited. CMD; 1st Floor, 122 Mistry Bhawan, Dinshaw Vachha Road, Backbay Reclamation – Churchgate Mumbai-400020
A/C No.000405100716
Dear All 7 collecting banks/Brokers, Arrangers (or NHAI 54 EC bonds)
Sub; Discontinuance of NHAI 54 EC bonds with immediate effect
It has been decided to close the 54 EC capital gain bond issue 2022-23 of NHAI with Immediate effect. Accordingly, please ensure that no fresh application/money is accepted for these bonds on or after 3rd September 2022. Bank are requested to freeze the credit in the bank accounts opened for NHAI 54 EC bonds collection from 03rd Sept 2022.
2. The application money if credited on 03rd Sept 2022 onwards shall be refunded by NHAI and claim, if any, made by the investor towards capital gain exemption, shall be the responsibility of the concerned bank/arrangers.
3. Please ensure the compliance.
Thanking You
For National Highways Authority of India
GM (Finance) Et Compliance Officer
Copy to
1. All the arrangers/brokers of NHAI 54EC Bonds
2. Registrar: M/s Beetal Financial & Computer Services Pvt Ltd: Delhi
3. Bonds Trustee: M/s IDBI Trusteeship Services Ltd, Delhi
4. Credit Rating Agencies : Crisil, CARE and India Rating
