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SUBEX LTD. - Conversion of FCCBs
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19 Dec 2014
Subex Ltd has informed BSE that the Company has allotted 15,98,746 equity shares pursuant to the conversion of US$ 650,000 out of Companys US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on December 17, 2014. Post the conversion, FCCBs aggregating to US$ 85.85 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. 170,69, 83,170 to Rs. 172,29,70,630.
View all announcements for SUBEX LTD. Source: BSE India