GTL Infrastructure allots 90.86 lakh equity shares on conversion of bonds

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Capital Market
Last Updated : Oct 12 2021 | 6:04 PM IST
GTL Infrastructure has allotted 90,86,833 equity shares consequent to conversion of 1,016 Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) aggregating to US$ 1.016 Mn and 379 Zero Coupon Compulsorily Convertible Bonds (Series B3 Bonds) aggregating to US$ 0.379 Mn at a conversion price of Rs. 10 per share. Post the above conversions, outstanding Series B1 and B3 Bonds are US$ 32.903 Mn and US$ 12.257 Mn respectively as on 12 October 2021.

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First Published: Oct 12 2021 | 5:51 PM IST

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