Repayment of US$ 15 million Foreign Currency Convertible Bonds (FCCB) held by International Finance Corporation (IFC), Washington - Redemption on maturity

• Security Code: 500032
• Company: BAJAJHIND

Bajaj Hindusthan Ltd has informed BSE that in respect of the Foreign Currency Convertible Bonds (FCCBs) aggregating to US$ 15 million issued by the Company to International Finance Corporation (IFC), Washington, the Company has made repayment of an aggregate amount of US$ 17.723 million, including the redemption premium of US$ 2.723 million on the due date (June 16, 2014) in accordance with the terms and conditions of the said FCCBs.

With the aforesaid repayment, entire outstanding FCCBs held by IFC, Washington stands redeemed on maturity.