Wednesday, January 23, 2008

HDFC - Allotment Of Shares Under ESOS & Pursuant To Conversion Of FCCBs

Housing Development Finance Corporation Ltd (HDFC) has informed that the Corporation on January 22, 2008, allotted 8,67,039 equity shares of Rs 10 each, pursuant to conversion of FCCBs by bondholders and exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs 283,17,72,120 consisting of 28,31,77,212 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: 3789 %ge converted: 75.78%.

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