Gitanjali Gems Ltd has informed that the Company had received Four Conversion Notices for conversion of 738 FCCBs of the face value of USD 10,000/- each.
Accordingly the Company on November 17, 2007, allotted 1,204,011 equity shares having par value of Rs 10/- each, at an initial conversion price of Rs 275/- per share in terms of the Offering Circular dated November 21, 2006.
Post the above allotment, the paid-up equity share capital of the Company stands at Rs 617,565,560/- consisting of 61,756,556 equity shares of Rs 10 each.
Tuesday, November 20, 2007
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