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Info-Drive Software updates on FCCB issue

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Capital Market
Last Updated : Dec 15 2014 | 12:31 PM IST

To issue and allot US$ 9,100,000 Zero Coupon Foreign Currency Convertible Bonds

Info-Drive Software announced that the Issue Management Committee of the Company at its meeting held on 12 December 2014 inter alia, have considered and approved the following :

1. Closure of FCCB issue

2. Adoption of final offering circular and other documents related to the FCCB issue.

3. Authorized the issue and allotment of US$ 9,100,000 Zero Coupon Foreign Currency Convertible Bonds Convertible into Fully Paid-up Equity Shares.

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First Published: Dec 15 2014 | 10:01 AM IST

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