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
27-Jul-2021 21:29:55
Status
New
Announcement Sub Title
ALLOTMENT OF EQUITY SHARES UPON CONVERSION OF FCCB
Announcement Reference
SG210727OTHRP59R
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 11,46,69,990 equity shares consequent to conversion of 17,429 Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) aggregating to US$ 17.429 Mn. and 175 Zero Coupon Compulsorily Convertible Bonds (Series B3 Bonds) aggregating to US$ 0.175 Mn. at a conversion price of Rs. 10 per share. Post the above conversions, outstanding Series B1 and B3 Bonds are US$ 33.919 Mn. and US$ 12.636 Mn. respectively as on July 27, 2021.