Subex Ltd has informed BSE that the Company has allotted 2,35,42,888 equity shares pursuant to the conversion of US$ 5,460,000 out of the Companys US$ 28.81 million bonds that are outstanding under the US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on December 22, 2015. Post the conversion, FCCBs aggregating to US$ 23.35 million are outstanding under the said Bonds.<BR><BR>Subject to the listing & trading approval of the NSE and BSE the paid up share capital of the Company has increased from Rs. 398,20,53,320 to Rs. 421,74,82,200.
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