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Equity : Indian-commodity.com

Saturday, September 29, 2007

HDFC - Allotment Of Equity Shares Pursuant To Conversion Of FCCBs

Housing Development Finance Corporation Ltd (HDFC) has informed that during the current week the Corporation had received Conversion Notices for conversion of 124 FCCBs of the face value of USD 100000 each.

Accordingly the Corporation on September 28, 2007, allotted 3,87,467 equity shares of Rs 10 each in terms of the Offering Circular dated September 21, 2005.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 271,55,14,270 consisting of 27,15,51,427 equity shares of Rs 10 each.

The summary of the FCCBs converted till date is as follows:

- Total FCCBs issue (Face Value USD 100000): 5000

- Number of FCCBs converted till date: 162

- %ge converted: 3.24%.
Posted by Indian-commodity at 10:14 AM

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