Friday, September 5, 2008

Omaxe - Prepayment / Redemption Of Debentures - Sep 5, 2008

Omaxe Ltd has informed that the Company had redeemed the following Debentures:

1. Out of total 100 Debentures of Rs 1 Crores each aggregating to Rs 100 Crores of Series F issued to Axis Bank Ltd, which were due for redemption on September 29, 2008 the Company has pre-paid Rs 25 Crores on September 02, 2008.

2. Out of total 100 Debentures of Rs 1 Crores each aggregating to Rs 100 Crores of Series H issued to LIC Mutual Fund, which were due for redemption on September 23, 2008 the Company has pre-paid Rs 50 Crores on September 02, 2008 in addition to Rs 25 Crores already paid on August 28, 2008.

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