Sardar Sarovar Narmada Nigam Limited – Not Paying as per the Bond Value

Reported By: Prasant Kumar Mishra

Contact information:
Sardar Sarovar Narmada Nigam Limited Ahmedabad
Customer Care Service of SSNNL

I had purchased one Deep Discount Bond of SSNNL in the year 1994, Registered Folio No.SN 604813, Distinctive No. 654634 with a promise to receive Rs.111000/- on 11.01.2014. Till this date I have received no payment or no communication from SSNNL. On 07.08.2023 I had sent an email to SSNNL Customer Care. Till this date no reply to the mail. Today I contacted one no. 7923252409 found from the company site. He replied me to send the original bond and I am surprised to hear that after 10yrs of Maturity Date I am entitled to less than half of the Maturity Value i.e. Rs.50000/-.
Is it correct Value?
What is right procedure to redeem?
What are the documents to be submitted?
To be sent to Which Address?
Anticipating your early reply…

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