The company had issued a series of foreign currency convertible bonds (FCCBs) worth USD 242.57 million in 2012. The bonds are due in 2017.
The total value of bonds for which conversion notices have been received stood at USD 48,000, the company said in a regulatory filing.
"... We have to inform you that a meeting of the committee will be held on October 8, 2015, to consider allotment of equity shares, consequent of conversion notice received for conversion of FCCBs at a conversion price of Rs 10 per share," it added.
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