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SINTEX INDUSTRIES LTD. - Allotment Of 36,59,195 Equity Shares Of Re. 1/- Each Of Sintex Industries Limited To Foreign Currency Convertible Bonds Holder Upon Exercise Of Their Conversion Right
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29 Apr 2017
With reference to the above, this is to inform you that pursuant to approval of the allotment of FCCBs due 2022 for USD 110 million in meeting of the FCCB Committee of the Board of Directors of the Company held on 25th May, 2016, the FCCB Committee of the Board of Directors at its meeting held today i.e. April 29, 2017 has allotted 36,59,195 Equity shares of Re. 1/- each to Foreign Currency Convertible Bonds (&apos;FCCB&apos;) holders on the exercise of their conversion right. With the said allotment of 36,59,195 Equity Shares of Re. 1/- each of the Company as aforesaid, the paid up equity share capital of the Company as on April 29, 2017 stands increased from Rs. 54,65,25,551/- to Rs. 55,01,84,746/- divided into 55,01,84,746 Equity shares of Re. 1/- each.
View all announcements for SINTEX INDUSTRIES LTD. Source: BSE India