Premature redemption of a part of outstanding stock of Non Interest bearing Government of India IDBI Special Security 2024

EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 68] NEW DELHI, THURSDAY , MARCH 21, 2024 /CHAITRA 1, 1946 CG-DL-E-21032024-253279 CG-DL-E-21032024-253279 MINISTRY OF FINANCE (Depart ment of Economic Affairs ) (BUDGET DIVISION) NOTIFICATION New Delhi, the 21st March , 2024 Subject: Premature redemption of a part of outstanding stock of Non -interest bearing Government of India IDBI Special Security, 2024. F. No. 4(4)-B(W&M)/2018 .—Governme nt of India, hereby notifies further premature redemption on Non-interest bearing Government of India IDBI Special Security, 2024 (hereinafter briefly described as “the Special Security”) by exercising “call option” at par as stipulated in para 5(ii) of its Notification F.No.4(16) -W&M/2004 dated September 29, 2004, for an aggregate amo unt of Rupees Two Hundred and Six crores only (₹206.00 crore) [nominal]. 2. Date of Premature Redemption The date of premature redemption of the Special Security by the Government of India shall be March 31, 2024. 3. Outstanding Stock The outstanding st ock of the Special Security shall be Rupees Six Hundred Seventy Two crores and Seventy Three lakhs only ( ₹672.73 crore) [nominal] after the exercise of call option. By order of the President of India , ASHISH VACHHANI, Addil . Secy . Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.