Subex allots equity shares

On conversion of FCCBs

Subex has allotted 36,89,414 equity shares pursuant to the conversion of US$ 1,500,000 out of Company's US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on May 20, 2015. Post the conversion, FCCBs aggregating to US$ 75.03 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. 1,95,22,06,210 to Rs. 1,98,91,00,350.

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