Specified securities under section 54EB: Alpic Finance bonds designated, non-transferable for seven years and must be allotted within one year. Bonds issued by the specified public company are designated as specified securities for section 54EB purposes, subject to an aggregate amount ceiling, a mandatory non-transferability period from allotment, and the requirement that bonds be issued and allotted to the assessee within a prescribed time window from the date of the notification.