General Announcement::Allotment of Equity Shares upon conversion Bonds

Issuer & Securities

Issuer/ Manager
GTL INFRASTRUCTURE LIMITED
Securities
GTLINFRAB1 US$80.745M Z221026 - XS1684777912 - 82YB
GTLINFRAB3 US$30.078M Z221026 - XS1698001465 - 83AB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Aug-2018 23:34:21
Status
New
Announcement Sub Title
Allotment of Equity Shares upon conversion Bonds
Announcement Reference
SG180830OTHR4Q2Z
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 86,30,863 equity shares consequent to conversion of 966 Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) aggregating to US$ 0.966 Mn. and 359 Zero Coupon Compulsorily Convertible Bonds (Series B3 Bonds) aggregating to US$ 0.359 Mn. at a conversion price of Rs. 10 per share. Post this conversion, outstanding Series B1 and B3 Bonds are US$ 53.890 Mn. and US$ 12.811 Mn. respectively as on August 30, 2018.