Subex Ltd has informed BSE that the Company has allotted 24,59,609 equity shares pursuant to the conversion of US$ 1,000,000 out of Company's US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on December 30, 2014. Post the conversion, FCCBs aggregating to US$ 84.85 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. 172,29,70,640 to Rs. 174,75,66,720.
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