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THE fixed deposit programme of Rajapalayam Mills Ltd is open for investment. It offers two schemes - fixed and cumulative.
While the tenure for the former is one, two and three years at 12 per cent, 13 per cent and 14 per cent respectively, that for the latter is 12.7 per cent, 13.8 per cent and 14.94 per cent respectively. Given the company's background and future prospects, investors can consider investing in the schemes offered by the company.
The minimum amount under the non-cumulative and cumulative schemes for all the options is Rs. 3,000 and, thereafter, in multiples of Rs. 1,000.
The company's registered office is …