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GTL Infrastructure alllots equity shares

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Capital Market

On conversion of FCCBs

GTL Infrastructure has announced that the Committee of the Company at its meeting held on 10 April 2014 has considered and allotted 1,855,418 equity shares consequent upon conversion of 342 FCCBs of US$ 1,000 each (Conversion A Bonds) at a conversion price of Rs 10 per share, in terms of the Offering Circular dated 17 October 2012 for issue of US$ 111,740,000 Zero Coupon Compulsorily Convertible Bonds due 2017 (Series A Bonds).

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First Published: Apr 10 2014 | 4:41 PM IST

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