On conversion of FCCBs
Subex has allotted 15,98,746 equity shares pursuant to the conversion of US$ 650,000 out of Company's US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on November 25, 2014. Post the conversion, FCCBs aggregating to US$ 86.5 million are outstanding under the said Bonds.Subject to the listing & trading approval of the NSE and BSE the paid up share capital of the Company has increased from Rs. 169,09,95,710 to Rs. 170, 69, 83,170.
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