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SUBEX LTD. - Update - Conversion of FCCBs
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21 May 2015
Subex Ltd has informed BSE that the Company has allotted 36,89,414 equity shares pursuant to the conversion of US$ 1,500,000 out of Companys US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on May 20, 2015. Post the conversion, FCCBs aggregating to US$ 75.03 million are outstanding under the said Bonds.&lt;BR&gt;&lt;BR&gt;Subject to the listing &amp; trading approval of the NSE and BSE the paid up share capital of the Company has increased from Rs. 1,95,22,06,210 to Rs. 1,98,91,00,350.
View all announcements for SUBEX LTD. Source: BSE India