Subex Ltd has informed BSE that the Company has allotted 65,67,157 equity shares pursuant to the conversion of US$ 2,670,000 out of the Company's US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on January 08, 2015. Post the conversion, FCCBs aggregating to US$ 82.18 million are outstanding under the said Bonds.<BR><BR>Subject to the listing & trading approval of the stock exchanges the paid up share capital of the Company has increased from Rs. 174,75,66,720 to Rs. 181,32,38,290.
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