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GTL Infrastructure allots equity shares

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Capital Market

On conversion of FCCBs

GTL Infrastructure announced that the Committee of the Company at its meeting held on 23 July 2014 has considered allotment of 5,425,200 equity shares consequent to conversion of 1000 FCCBs of US$ 1,000/- each (Series 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: Jul 23 2014 | 9:10 PM IST

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