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.<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. 170,69, 83,170 to Rs. 172,29,70,630.
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