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SINTEX INDUSTRIES LTD. - Outcome of Committee Meeting
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18 Aug 2014
Sintex Industries Ltd has informed BSE that pursuant to the approval of the Shareholders of the Company at the 81st Annual General Meeting of the Company held on September 17, 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 August 18, 2014, has allotted 59,36,474 equity shares of Rs. 1/- each to Foreign Currency Convertible Bonds (&quot;FCCB&quot;) holders on the exercise their conversion right.&lt;br/&gt;&lt;br/&gt;With the said allotment of 59,36,474 equity shares of Rs. 1/- each of the Company as aforesaid, the paid up equity share capital of the Company as on August 18, 2014 stands increased from Rs. 33,61,56,221/- to Rs. 34,20,92,695/- divided into 34,20,92,695 Equity shares of Re. 1/- each.
View all announcements for SINTEX INDUSTRIES LTD. Source: BSE India