On conversion of FCCBs
Subex has allotted 28,28,550 equity shares pursuant to the conversion of US$ 11,50,000 out of the Company's US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on 15 April 2015. Post the conversion, FCCBs aggregating to US$ 77.38 million are outstanding under the said Bonds.Subject to the listing & trading approval of the stock exchanges the paid up share capital of the Company has increased from Rs. 190,30,14,030 to Rs. 193,12,99,530.
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