Hyderabad-based XL Telecom & Energy Limited has informed that a committee of its board has allotted 621,718 equity shares of Rs 10 each at a premium of Rs 150 per share to Credit Suisse (Singapore) Limited upon conversion of foreign currency convertible bonds to the extent of $ 2.5 million (about Rs 12.5 crore).
Consequently, the paid up equity share capital of the company has been increased from 19.03 million equity shares to 19.65 million shares.
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