Camlin Fine Sciences announced modification to the terms of FCCB subscription agreement with International Finance Corporation (IFC) as under:
a. Conversion Kick]off Price to Rs. 189 per equity share;
b. Conversion Price to Rs. 105 per equity share;
c. Coupon offered on FCCBs is interest at the rate of five point five percent (5.5%) per annum on the outstanding amount of IFC FCCBs and in addition to above, compound interest at the rate of one percent (1.0 %) per annum on the outstanding amount of IFC FCCBs.
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