Corporate News 04-Oct-16
GTL Infrastructure allots equity shares
On conversion of FCCBs
GTL Infrastructure announced that the Committee of the Company at its meeting held on 04 October 2016 has considered allotment of 29,838,599 equity shares consequent to conversion of 5,500 FCCBs of US$ 1,000/- each (Series A Bonds) at a conversion price of Rs. 10/- per share, in terms of the Offering Circular dated 17 October 2012 for issue of US$ 111,740,000 Zero Coupon Compulsorily Convertible Bonds due 2017 (Series A Bonds).
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