General Announcement::Allotment of equity shares upon conversion of FCCBs

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 16-Feb-2025 23:43:28
Status: New
Announcement Sub Title: Allotment of equity shares upon conversion of FCCBs
Announcement Reference: SG250216OTHRPSHV
Submitted By (Co./ Ind. Name): Rohit Krishan Puri
Designation: Joint Company Secretary & Compliance Officer
Effective Date and Time of the event: 14/02/2025 17:00:00
Description (Please provide a detailed description of the event in the box below): This is in reference to the USD 1,000 million 1.50% Foreign Currency Convertible Bonds due 2025 issued by the Company vide Offering Circular dated January 14, 2020, convertible into Company s fully-paid up equity shares of INR 5/- each at the option of the FCCB holders.

We wish to submit that upon receipt of notice for conversion of FCCBs of principal value of USD 0.40 million from FCCB holder(s), the Special Committee of Directors for Fund Raising has approved the allotment of 55,942 fully paid-up equity shares of face value INR 5/- each at a conversion price of INR 515/- per equity share to such holder(s) of FCCBs.

Remarks:
This is to inform you that the correct date of allotment is Februray 16, 2025, however due to the technical error preventing to input the 'effective date' as a public holiday/ weekend as the allotment date, we are submitting the date as February 14, 2025, in order to ensure compliance.

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