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In phrases of GOI Notification F.No.4(25) – W&M/2017 dated October 06, 2017 (SGB 2017-18 Series VI – Issue date November 06, 2017) on Sovereign Gold Bond Scheme, untimely redemption of Gold Bond could also be permitted after fifth yr from the date of situation of such Gold Bond on the date on which curiosity is payable. Accordingly, the primary due date of untimely redemption of the above tranche shall be November 05, 2022 (November 06, 2022 being a Sunday). 2. Further, the redemption value of SGB shall be based mostly on the easy common of closing gold value of 999 purity of earlier three business days from the date of redemption as revealed by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption value for untimely redemption due on November 05, 2022 (November 06, 2022 being a Sunday) shall be ₹5049/- (Rupees Five thousand forty-9 solely) per unit of SGB based mostly on the easy common of closing gold value for 3 business days i.e., November 02, 03 and 04, 2022. Rupambara Press Release: 2022-2023/1154 |

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