Associate Sponsors

GTL Infrastructure to allot equity shares

Image
Capital Market
Last Updated : Nov 08 2016 | 7:14 PM IST

On conversion of FCCBs

GTL Infrastructure announced that the Committee of the Company at its meeting held on 08 November 2016, has considered allotment of 27,126,000 equity shares consequent to conversion of 5,000 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).

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 08 2016 | 5:18 PM IST

Next Story