General Announcement::ALLOTMENT OF EQUITY SHARES UPON CONVERSION OF FCCB

Issuer & Securities

Issuer/ Manager
GTL INFRASTRUCTURE LIMITED
Securities
GTLINFRAB1 US$80.745M Z221026 - XS1684777912 - 82YB
GTLINB2US$86.417M6.731%B221026 - XS1684779454 - 82ZB
GTLINFRAB3 US$30.078M Z221026 - XS1698001465 - 83AB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Oct-2021 18:49:04
Status
New
Announcement Sub Title
ALLOTMENT OF EQUITY SHARES UPON CONVERSION OF FCCB
Announcement Reference
SG211012OTHR5DT1
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 today, has considered allotment of 90,86,833 equity shares consequent to conversion of 1,016 Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) aggregating to US$ 1.016 Mn. and 379 Zero Coupon Compulsorily Convertible Bonds (Series B3 Bonds) aggregating to US$ 0.379 Mn. at a conversion price of Rs. 10 per share. Post the above conversions, outstanding Series B1 and B3 Bonds are US$ 32.903 Mn. and US$ 12.257 Mn. respectively as on October 12, 2021.