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Exchange Disseminated Time | Jindal Stainless Ltd has informed BSE about receipt of notice dated October 31, 2013 by the Company through Citibank N.A., London, principal agent of the bond holders for conversion of 300 Foreign Currency Convertible Bonds (FCCBs) of US$ 5,000 each into 5,47,458 equity shares of Rs. 2/- each.
Consequent upon above conversion, the paid up capital of the Company would increase from Rs. 40,81,55,094/- to Rs. 40,92,50,010/- divided into 20,46,25,005 equity shares of Rs. 2/- each.
The conversion price shall be at Rs. 119.872 per equity share in terms of the issue of said FCCBs. |
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