General Announcement::Allotment of Equity Shares upon conversion of Zero Coupon Compulsorily Convertible Bonds - Series B1

Issuer & Securities

Issuer/ Manager
GTL INFRASTRUCTURE LIMITED
Securities
GTLINFRAB1 US$80.745M Z221026 - XS1684777912 - 82YB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
05-Jul-2018 00:31:07
Status
New
Announcement Sub Title
Allotment of Equity Shares upon conversion of Zero Coupon Compulsorily Convertible Bonds - Series B1
Announcement Reference
SG180705OTHR916E
Submitted By (Co./ Ind. Name)
Nitesh A. Mhatre
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
We wish to inform you that the Committee of the Company at its meeting held on July 4, 2018, has considered allotment of 27,81,418 equity shares consequent to conversion for 427 Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) aggregating to US$ 0.427 Mn. at a conversion price of Rs. 10 per share. Post this conversion, outstanding Series B1 Bonds are US$ 54.856 Mn. as on July 4, 2018.