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SUBEX LTD. - Update - Conversion of FCCBs
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13 Nov 2015
Subex Ltd has informed BSE that the Company has allotted 86,23,769 equity shares pursuant to the conversion of US$ 2,000,000 out of the Companys US$ 50.43 million bonds that are outstanding under the US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on November 11, 2015. Post the conversion, FCCBs aggregating to US$ 48.43 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. 3,04,98,23,910 to Rs. 3,13,60,61,600.
View all announcements for SUBEX LTD. Source: BSE India