Business Standard

GTL Infrastructure allots 16.58 equity shares

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Capital Market

On conversion of bonds

GTL Infrastructure has allotted 16,58,55,902 equity shares consequent to conversion for 25,462 Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) aggregating to US$ 25.462 million at a conversion price of Rs. 10 per share. Post this conversion, outstanding Series B1 Bonds are US$ 55.283 Mn. as on 04 April 2018.

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First Published: Apr 05 2018 | 10:12 AM IST

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