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XL Telecom to issue 18 lakh shares to Goldman Sachs Inv

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 1:18 AM IST

XL Telecom & Energy today said it has alloted over 18 lakh shares to Goldman Sachs Investments (Mauritius) I on the conversion of bonds.

The company has issued 18,65,156 equity shares at Rs 150 per share, aggregating to Rs 27.97 crore to Goldman Sachs Investments (Mauritius) I, XL Telecom said in a filing to the Bombay Stock Exchange.

Besides, the company has also raised Rs 23.06 crore by issuing 2.30 crore cumulative redeemable preference shares of Rs 10 each to banks, the filing added.

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First Published: Sep 24 2010 | 4:50 PM IST

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