SUZLON ENERGY LTD. - Allotment of Equity Shares
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| 20 Oct 2015 | |
| Suzlon Energy Ltd has informed BSE that the Securities Issue Committee of the Board of Directors of the Company has, at its meeting held on October 20, 2015, approved allotment of 6,52,50,241 (Six Crores Fifty Two Lacs Fifty Thousand Two Hundred Forty One) equity shares of Rs.2/- (Rupees Two Only) each on conversion of 16,750 (Sixteen Thousand Seven Hundred Fifty) USD 546,916,000 Step-up Convertible Bonds due July 2019 of USD 1,000 each at a conversion price of Rs. 15.46 (Rupees Fifteen and Paise Forty Six Only) per equity share with a fixed rate of exchange on conversion of Rs.60.225 to USD 1.00 in terms of the Information Memorandum dated June 17, 2014, pursuant to the conversion notices received from certain bondholders of the USD 546,916,000 Step-up Convertible Bonds due July 2019.<BR><BR>Post aforesaid allotment, the paid-up capital of the Company is Rs.994,71,86,724/- (Rupees Nine Hundred Ninety Four Crores Seventy One Lacs Eighty Six Thousand Seven Hundred Twenty Four Only) divided into 497,35,93,362 (Four Hundred Ninety Seven Crores Thirty Five Lacs Ninety Three Thousand Three Hundred Sixty Two) equity shares of Rs.2/- (Rupees Two Only) each. | |
| View all announcements for SUZLON ENERGY LTD. | Source: BSE India |
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