Housing Development Finance Corporation Ltd (HDFC) has informed that during the last week the Corporation had received Conversion Notices for conversion of 495 FCCBs of the face value of USD 100000 each.
Accordingly the Corporation on November 05, 2007, allotted 15,46,750 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 277,61,98,970 consisting of 27,76,19,897 equity shares of Rs 10 each.
The summary of the FCCBs converted till date is as follows:
- Total FCCBs issued (Face Value USD 100000): 5000
- Number of FCCBs converted till date: 2099
- %ge converted: 41.98%.
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