Corporate News     18-Dec-07
Wanbury' B Bonds subscribed by Deutsche Bank
Conversion price of Rs 175 per share
Wanbury has issued 1% unsecured FCCBs of Euro 15 million in two tranches namely Foreign Currency Convertible A Bonds of Euro 8 million, fully paid-up and Foreign Currency Convertible B Bonds of Euro 7 million, 10% paid-up, vide its offering circular dated 25 April 2007.

The company had issued the notice for the balance 90% unpaid amount i.e. Euro 6.30 million of B Bonds on 15 November 2007 and the same have been received on 18 December 2007. The B Bonds have been subscribed by Deutsche Bank & have a conversion price of Rs 175 per equity share.

The company made this announcement during the trading hours today, 18 December 2007.

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