For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Subex Ltd. - Update- Conversion of FCCBs

By Religare
|

Subex Ltd has informed BSE that the Company has allotted 86,23,769 equity shares pursuant to the conversion of US$ 2,000,000 out of the Company's US$ 61.93 million bonds that are outstanding under the US$ 127,721,000 5.70 per cent secured convertible bonds due 2017 on September 21, 2015. Post the conversion, FCCBs aggregating to US$ 59.93 million are outstanding under the said Bonds.

Subject to the listing & trading approval of the NSE and BSE the paid up share capital of the Company has increased from Rs. 2,55,39,57,200 to Rs. 2,64,01,94,890.



Story first published: Tuesday, September 22, 2015, 23:00 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more