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GTL Infrastructure to allot equity shares

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Capital Market

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).

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

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