PUNJAB ALKALIES & CHEMICALS LTD. - Intimation Regarding Redemption Of Secured Fully Convertible Debentures (Fcds).

We would like to inform you that in accordance with the terms of issue and modification thereof, the Company has redeemed 10,69,200 Secured Fully Convertible Debentures of Rs.100/- each issued to CDR Lenders out of 27,69,200 Secured Fully Convertible Debentures of Rs.100/- each prior to its stated date of redemption, as detailed below: <BR> <BR> Sr. No. Name of Debentureholders/ CDR Lenders No. of FCDs redeemed<BR> 1. IDBI Bank Limited 762556<BR> 2. IFCI Limited 132820<BR> 3. Life Insurance Corporation of India 79924<BR> 4. Punjab National Bank 47568<BR> 5. Punjab & Sind Bank 46332<BR> Total 1069200<BR> <BR> This is for your information and records, please.<BR>