IDFC

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India and Hong Kong; March 12, 2012

One New Indian Company to Join FTSE IDFC India Infrastructure 30 Index - following 2012 Semi-Annual Review

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India and Hong Kong, March 12, 2012 - FTSE Group (“FTSE”), the award-winning global index provider, and Infrastructure Development Finance Company Limited (“IDFC”) today announce that Thermax Limited will replace Container Corporation of India in the FTSE IDFC India Infrastructure 30 Index, following the semi-annual review of the FTSE IDFC India Infrastructure Index Series.

The growth of the Indian economy has stimulated both domestic and global investor interest in the Indian infrastructure sector. Created in 2007, the FTSE IDFC India Infrastructure Index Series provides unique access to the infrastructure-related subsectors of the Indian market and is designed to represent the performance of those Indian companies that generate the majority of their revenue from infrastructure.

The five largest constituents of the index include:

Rank

Constituent
Name

ICB Supersector

Net Market
Cap

(USDm)

Weighting

1

Bharti  Airtel

Telecommunications

5,959.20

13.48%

2

NTPC

Utilities

5,576.71

12.62%

3

Larsen & Toubro

Construction & Materials

3,569.96

8.08%

4

Bharat Heavy Elect. LS

Industrial Goods & Services

3,163.55

7.16%

5

Power Grid Corp of India

Utilities

2,996.95

6.78%

 

Total

 

21,266.37

48.12%

Source: FTSE Group, data as at 29 February 2012

The FTSE IDFC India Infrastructure Index Series utilises the definitive global classification standard – Industry Classification Benchmark (ICB) – to accurately classify Indian infrastructure securities. The transparent and comprehensive classification system enables categorisation of individual securities across four levels of granularity; Industry, Supersectors, Sectors and Subsectors and covers a universe of 75,000 stocks worldwide, including India, in one single data source.

The series  is reviewed semi-annually in accordance with the index ground rules which ensure both the tradable FTSE IDFC India Infrastructure 30 Index and the benchmark version (FTSE IDFC India Infrastructure Index)  continue to accurately represent the investable universe for the basis of index-linked products, such as funds, structured products and Exchange Traded Funds (ETFs)

All constituent changes take effect at the start of business on 19 March 2012 and the next review will take place on 7 September 2012.

For more information about the FTSE IDFC India Infrastructure Index Series, including performance, constituent and sector data, please visit: http://www.ftse.com/Indices/FTSE_IDFC_India_Infrastructure_Index_Series/index.jsp


For further information:

FTSE Group
Emily Mok

Tel: + 852 2164 3333
Fax: + 852 2164 3202

Email: media@ftse.com

Infrastructure Development Finance Company
Arun Raste
Tel: +91 22 42222019
Fax: +91 22 26523194

Email: arun.raste@idfc.com

If you are not a member of the press, please contact your local Client Services team.


About FTSE Group

FTSE Group (“FTSE”) is a world-leader in the creation and management of indices. With offices in London, Beijing, Dubai, Milan, Mumbai, Hong Kong, New York, Paris, San Francisco, Sydney, Shanghai and Tokyo, FTSE works with investors in 77 countries globally.  It calculates and manages a comprehensive range of equity, fixed income, real estate, currency, commodity and non market-cap indices, on both a standard and custom basis. The company has collaborative arrangements with a number of stock exchanges, trade bodies and asset class specialists around the world.

FTSE indices are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds.

FTSE is an independent company owned by the London Stock Exchange Group. www.ftse.com


About Infrastructure Development Finance Company

IDFC was established in 1997 as a private sector enterprise by a consortium of public and private investors. Its expertise in the infrastructure sector and strong relationships with government and infrastructure sponsors provides it with a platform for facilitating private investment and public-private partnerships in infrastructure projects in sectors where market structures, government policy and regulation are evolving.

The mission is to be the financier and advisor of choice for infrastructure projects in India. IDFC is focused on enhancing shareholder value through pursuing strategies that enhance its profitability, return on assets and return on equity.

Today IDFC is already the single largest debt & equity financier of privately sponsored infrastructure in the country having a balance sheet of US$ 10.7 billion.

Going forward, our business strategy is to be “India’s Specialist Infrastructure Institution” with an infrastructure focused project finance, investment banking and asset management franchise.