On conversion of FCCBs
Sintex Industries announced that pursuant to the approval of the Shareholders of the Company at the 81st Annual General Meeting of the Company held on 17 September 2012; for issue of US $ 140,000,000, 7.50 per cent, step down Convertible Bonds due 2017, the Committee of Directors at its meeting held on 12 June 2014, has allotted 8,36,005 equity shares of Rs 1 each to Foreign Currency Convertible Bonds (FCCB) holders on the exercise their conversion right.With the said allotment of 8,36,005 equity shares of Rs 1 each of the Company as aforesaid, the paid up equity share capital of the Company as on 12 June 2014 stands increased from Rs.32.95 crore to Rs 33.03 crore divided into 33,03,45,985 equity shares of Re 1 each.
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