Detailed News 01/06/2019
 
Announcement under Regulation 30 (LODR)-Allotment
REVISED

Re: Allotment of 2,91,325 equity shares to FCCB Holders

This is to inform you that a Committee of Directors of the Company has, on May 31, 2019, approved allotment of 2,91,325 (Two Lakh Ninety One Thousand Three Hundred and Twenty Five) equity shares of Rs. 2 each (Rupees Two only) upon conversion of 6120 (Six Thousand One Hundred and Twenty) 0.675% convertible bonds due 2019 of USD 1,000 each at a conversion price of Rs. 1277.67 (Rupees One Thousand Two Hundred Seventy Seven and Paise Sixty Seven Only) per equity share with a fixed rate of exchange on conversion of Rs. 60.82 to USD 1.00 in terms of the Offering Circular dated 14th October, 2014.

Post the aforesaid allotment, the paid-up capital of the Company is Rs. 280,61,82,556 (Rupees Two Hundred and Eighty Crore Sixty One Lakh Eighty Two Thousand Five Hundred and Fifty Six Only) divided into 140,30,91,278 (One Hundred and Forty Crore Thirty Lakh Ninety One Thousand Two Hundred and Seventy Eight) equity shares of Rs. 2 each (Rupees Two Only)

We request you to take the same on record.