COMPANY NAME: GENERAL INSURANCE CORPORATION OF INDIA
STATEMENT AS ON 31.03.2014
STATEMENT OF DOWNGRADED INVESTMENTS
PERIODICITY OF SUBMISSION : QUARTERLY
Rupees in Crores
Sr No Security ID Particulars of Investments Fin.Trn.Number Product Type IRDA Code BAP Code Purchase Amount Nominal Amount Date of Purchase Rating Agency Original Grade Current Grade Date of Downgrade Remarks A DURING THE QUARTER 0.00 0.00 1 0000000011948 8.75% ING VYSYA BANK LTD. 17.5.2015 2005010100913 04I OLDB 5.00 5.00 3/17/2006 FITCH AA+ AA 3/31/2014 2 0000000011949 8.00%UNITED BANK 29.04.2016 2005010100914 04I OBPT 5.00 5.00 3/29/2006 ICRA AA+ A- 3/31/2014 3 0000000011993 9.70% ING VYSYA Bank 28.8.2016 2006010100071 04I OLDB 5.12 5.12 9/8/2006 CRISIL AA+ AA 3/31/2014 4 0000000011993 9.70% ING VYSYA Bank 28.8.2016 2006010100072 04I OLDB 5.14 5.14 9/13/2006 CRISIL AA+ AA 3/31/2014 5 0000000011993 9.70% ING VYSYA Bank 28.8.2016 2007010100054 04I OLDB 4.96 4.96 8/14/2007 CRISIL AA+ AA 3/31/2014 6 0000000011994 9.25%UNITED BANK OF INDIA 16.8.2016 2006010100077 04I OBPT 5.04 5.04 8/23/2006 ICRA AA A- 3/31/2014 7 0000000012264 10.50% Sec.Red.NC Gammon India Ltd. 2009010100005 04I IODS 15.00 15.00 5/7/2009 CARE AA C 3/31/2014 8 0000000012289 10.50% NAGARJUNA CONSTRUCTION CO.LTD.2014 2009010100033 04I OLDB 2.00 2.00 7/24/2009 CRISIL AA- D 3/31/2014 9 0000000012368 8.75% Sec.Red.NCD- Tamil Nadu Newsprint& papers 2009010100184 04I OLDB 10.00 10.00 1/19/2010 ICRA AA- A 3/31/2014 10 0000000012429 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 2010010100050 04I IODS 10.00 10.00 6/18/2010 CARE AA B 3/31/2014 11 0000000012429 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 2010010100188 04I IODS 10.00 10.00 11/16/2010 CARE AA B 3/31/2014 B AS ON DATE 0.00 0.00 1 0000000011426 MAHARASHTRA STATE ROAD DEVELOPMENT CORPORATION LTD 2005010100458 04I SGOA 27.00 75.00 12/31/2005 CARE AAA BBB+ 9/30/2013 2 0000000011433 TATA POWER COMPANY LTD RESET RATE SEC RED NCD(FIXED RATE) 2005010100496 04I IODS 10.02 10.00 12/31/2005 CRISIL AA AA- 12/31/2013 3 0000000011598 7.25% INDIAN OVERSEAS BANK 2015 2005010100625 04I EPBT 5.00 5.00 12/31/2005 CARE AA+ AA 12/31/2013 4 0000000011599 7.4% INDIAN OVERSEAS BANK 2015 2005010100702 04I EPBT 10.06 10.00 12/31/2005 CARE AA+ AA 12/31/2013 5 0000000011630 6.7% RELIANCE ENERGY LTD. 2018 2005010100612 04I IODS 4.96 5.00 12/31/2005 CRISIL AA A+ 9/30/2013 6 0000000011947 9.75% JINDAL STAINLESS 31.01.2015 2005010100912 04I OLDB 10.00 10.00 2/1/2006 CARE AA D 12/31/2012 7 0000000011950 8%I NDIAN OVERSEAS BANK 13.3.2016 2005010100915 04I EPBT 10.00 10.00 3/13/2006 ICRA AA+ AA 12/31/2013 8 0000000011958 8.7-9.2% UCO BANK UPPER TIER II 2005010100991 04I OBPT 5.00 5.00 3/22/2006 CARE AA AA- 12/31/2012 9 0000000011972 8.15%CBI28/6/15 2006010100029 04I OBPT 14.53 14.53 4/7/2006 CRISIL AA AA- 12/31/2013 10 0000000011974 7.70% INDIAN OVERSEAS BANK 9.4.2016 2006010100032 04I EPBT 9.61 9.61 6/8/2006 CRISIL AA+ AA 12/31/2013 11 0000000011980 9.25%(1.8.2016) VIJAYA BANK BONDS 2006010100045 04I OBPT 5.00 5.00 8/1/2006 FITCH AA AA- 5/30/2012 12 0000000011996 8.95% CENTRAL BANK OF INDIA 4.10.2016 2006010100086 04I OBPT 10.00 10.00 11/2/2006 ICRA AA AA- 12/31/2013 13 0000000011996 8.95% CENTRAL BANK OF INDIA 4.10.2016 2009010100001 04I OBPT 15.42 15.42 5/13/2009 ICRA AA AA- 12/31/2013 14 0000000011999 9.95% LAKSHMI VILAS BANK 30.4.2016 2006010100090 04I OLDB 5.00 5.00 10/1/2006 FITCH A BBB+ 12/31/2012 15 0000000012010 8.50%ORIENTAL BANK OF COMMERCE 20.4.2016 2006010100075 04I EPBT 10.00 10.00 4/20/2006 CARE AAA AA+ 7/27/2012 16 0000000012100 9.95%Orientak Bank comm Lower Tier II Bonds 23.4.2017 2007010100037 04I EPBT 15.00 15.00 4/23/2007 CARE AAA AA+ 7/27/2012 17 0000000012182 10.25% KARNATAKA BANK LTD. 2018(ANNUAL) LOWER TIER II BONDS 2007010100153 04I OLDB 5.00 5.00 3/29/2008 CARE A+ A 9/7/2012 18 0000000012186 10.10% Tata Power Company Ltd. 2018 2008010100008 04I IODS 5.00 5.00 4/25/2008 CRISIL AA AA- 6/30/2013 19 0000000012193 10.40% TATA POWER CO.LTD. 2018 (ANNUAL) 2008010100065 04I IODS 15.00 15.00 6/20/2008 CRISIL AA AA- 12/31/2013 20 0000000012211 8.75%(S.A.) TAMIL NADU ELECTRICITY BOARD 1.3.2018 (P/C2015) 2008010100070 04I SGOA 9.70 9.70 8/18/2008 CARE A+(SO) A-(SO) 12/12/2011 21 0000000012224 11%TAMIL NADU ELECTRICITY BOARD 3.11.13/14/15 (P/C-3.11.13) 2008010100091 04I SGOA 10.57 10.57 11/11/2008 ICRA A+(SO) A-(SO) 12/12/2011 22 0000000012237 11.20% TATA COMMUNICATIONS LTD. Rated Sec.Tax NCDs 2008010100107 04I ICTD 25.00 25.00 1/23/2009 CARE AAA AA+ 12/31/2010 23 0000000012270 8.81% 2019 Tamilnadu Electricity Board 2009010100016 04I SGOA 10.00 10.00 5/4/2009 ICRA A+(SO) A-(SO) 12/12/2011 24 0000000012270 8.81% 2019 Tamilnadu Electricity Board 2009010100036 04I SGOA 10.08 10.08 6/8/2009 ICRA A+(SO) A-(SO) 12/12/2011 25 0000000012271 13%Sec Red NCDs of Era Infra Engineering Ltd 2009010100029 04I OLDB 20.00 20.00 6/5/2009 CARE A D 12/31/2013 26 0000000012272 11% Bharati Shipyard Ltd Sec.Rated Red.NCDs of 2009010100011 04I OLDB 20.00 20.00 6/9/2009 CARE A BB- 12/28/2011 27 0000000012275 10.75% Sec.NCDs -Hindusthan National Glass(1% additional) 2009010100015 04I OLDB 25.00 25.00 6/18/2009 CARE AA A+ 11/9/2012 28 0000000012276 8.80% -Unsec.NCRed.Sub.Bonds Central Bank-Put call 10 yrs 2009010100018 04I OBPT 5.00 5.00 6/23/2009 CARE AA A+ 12/31/2013 29 0000000012322 8.40% 2020Tamilnadu Electricity Board 2009010100113 04I SGOA 10.00 10.00 1/6/2010 ICRA A+(SO) A-(SO) 12/12/2011 30 0000000012365 9.97% Unsec.Red.Sub.NCDs Deutsche Postbank Home Finance 2010010100240 04I HTDN 10.26 10.26 2/8/2011 ICRA AA+ AA 3/31/2012 31 0000000012384 11.15% Sec.Red.NCD -Era Infra Engineering Ltd. 2009010100215 04I OLDB 10.00 10.00 2/27/2010 CARE A D 12/31/2013 32 0000000012391 8.95% Damodar Valley Corporation Sec.Red.Taxable NCD- 2009010100227 04I OBPT 5.60 5.60 2/26/2010 CRISIL AA A+ 10/12/2012 33 0000000012391 8.95% Damodar Valley Corporation Sec.Red.Taxable NCD- 2010010100054 04I OBPT 15.39 15.39 6/14/2010 CRISIL AA A+ 10/12/2012 34 0000000012394 8.64% TAMIL NADU ELECTRICITY BOARD 10 years(7 year P/C) 2009010100232 04I SGOA 10.00 10.00 3/29/2010 CARE A+(SO) A-(SO) 12/12/2011 35 0000000012394 8.64% TAMIL NADU ELECTRICITY BOARD 10 years(7 year P/C) 2009010100252 04I SGOA 10.00 10.00 3/29/2010 CARE A+(SO) A-(SO) 12/12/2011 36 0000000012447 9.15% Tata Power Co. Ltd.2020 2010010100117 04I IODS 10.15 10.15 8/4/2010 CRISIL AA AA- 12/31/2013 37 0000000012447 9.15% Tata Power Co. Ltd.2020 2011010100040 04I IODS 4.86 4.86 5/5/2011 CRISIL AA AA- 12/31/2013 38 0000000012455 9.15% Tata Power 2018 2010010100130 04I IODS 10.11 10.11 8/17/2010 CRISIL AA AA- 12/31/2013 39 0000000012493 9% Indian Overseas Bank Upper Tier II NCDs 2026 2010010100215 04I OBPT 10.00 10.00 1/10/2011 ICRA AA AA- 12/31/2013 40 0000000012515 11.25%Elder Pharma NCDs-2018 2010010100252 04I OLDB 10.00 10.00 3/30/2011 CARE A+ D 6/30/2013 41 0000000012527 10.75% Patel Engineering Ltd.-2016 2011010100022 04I OLDB 10.22 10.22 4/29/2011 CARE AA BBB 12/31/2013 42 0000000012533 9.15% Tata Power 2019 NCDs - Secured 2011010100039 04I IODS 4.88 4.88 5/5/2011 CRISIL AA AA- 12/31/2013 43 0000000012542 10.75% Jindal Saw Ltd. Secured NCD 2011010100060 04I OLDB 10.34 10.34 5/26/2011 CARE AA AA- 8/29/2012 44 0000000012542 10.75% Jindal Saw Ltd. Secured NCD 2011010100061 04I OLDB 5.17 5.17 5/27/2011 CARE AA AA- 8/29/2012 45 0000000012560 9.35% Union Bank 2018 2011010100104 04I EPBT 4.99 4.99 6/27/2011 ICRA AAA AA 9/28/2012 46 0000000012560 9.35% Union Bank 2018 2011010100105 04I EPBT 4.99 4.99 6/28/2011 ICRA AAA AA 9/28/2012 47 0000000012577 9.95% Indian Hotels 2021-NCDs Secured 2011010100133 04I ECOS 10.13 10.13 8/18/2011 ICRA AA+ AA 9/14/2012 48 0000000012583 11.25% Cox & Kings Ltd. 2011010100147 04I OLDB 10.19 10.19 8/30/2011 CARE AA AA- 3/14/2013 49 0000000012583 11.25% Cox & Kings Ltd. 2011010100149 04I OLDB 5.10 5.10 9/2/2011 CARE AA AA- 3/14/2013 50 0000000012583 11.25% Cox & Kings Ltd. 2011010100200 04I OLDB 10.16 10.16 10/31/2011 CARE AA AA- 3/14/2013 51 0000000012600 10.25% Ashok Leyland 2016 NCDs 2011010100169 04I OLDB 10.00 10.00 10/14/2011 ICRA AA- A+ 9/30/2013 52 0000000012630 10.10% Indian Hotels 2011010100227 04I ECOS 10.00 10.00 11/24/2011 ICRA AA+ AA 9/14/2012 53 0000000012642 11% Dhanlaxmi Bank 2018 2011010100241 04I OLDB 10.00 10.00 1/21/2012 CARE A BBB 6/29/2012 54 0000000012653 11.40% Lakshmi vilas 2018 (OptionI VII-A) Unsecured 2011010100255 04I OLDB 10.00 10.00 2/10/2012 CARE A- BBB+ 12/31/2012 55 0000000012666 10.50% Reliance Infrastructure 2018 Secured 2011010100304 04I IODS 25.00 25.00 1/27/2012 CRISIL AA+ A+ 9/30/2013 56 0000000012704 11.15% Reliance Infrastructure Ltd.2016 -NCDs 2012010100089 04I IODS 15.30 15.30 6/29/2012 CRISIL AA+ A+ 9/30/2013 57 0000000012748 9.15% Tata Power 2017-Secured STRPPS_G NCDs 2012010100172 04I IODS 9.90 9.90 9/11/2012 CRISIL AA AA- 12/31/2013 58 0000000012779 11.30 SREI INFRASTRUCTURE FIN 2017 2012010100234 04I IODS 10.00 10.00 11/7/2012 CARE AA AA- 12/31/2013 59 0000000012791 11.25% Cox & Kings Ltd.2016 Secured NCDs 2012010100269 04I OLDB 15.27 15.27 12/11/2012 CARE AA AA- 2/20/2013 60 0000000012792 10.75% Simplex Infra Ltd 2022 (put/Call 06.12.2019) 2012010100268 04I IODS 15.00 15.00 12/11/2012 CARE AA AA- 9/30/2013 61 0000000012845 10.60% Shriram Transport Finance Co. ltd Jun 2018 Unsec 2012010100375 04I ECOS 15.00 15.00 3/12/2013 CRISIL AA+ AA 12/31/2013 62 0000000012854 9.40% Tata Power Co.Ltd. 2022 Secured NCD 2013010100000 04I IODS 10.00 10.00 4/12/2013 CRISIL AA AA- 12/31/2013 752.21 800.17