On conversion of FCCBs
Subex has allotted 1,86,27,341 equity shares pursuant to the conversion of US$ 4,320,000 out of the Company's US$ 39.61 million bonds that are outstanding under the US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on November 30, 2015. Post the conversion, FCCBs aggregating to US$ 35.29 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. 351,63,69,810 to Rs. 370,26,43,220.
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