Monday, January 7, 2008

Jindal Saw - Allotment Of Equity Shares On Conversion Of FCCBs

Jindal Saw Ltd has informed that on exercise of the option to convert FCCBs into equity shares by the FCCBs holders, the Company on January 05, 2008 has allotted number of equity shares to the FCCBs holders as mentioned against their names at the pre-determined price of Rs 675/- per equity share of Rs 10/- each:

1. SWISS Finance Corp. (Mauritius) Ltd - 29,243 No of Shares

2. Morgan Stanley Mauritius Co. Ltd - 1,34,520 No of Shares

3. Morgan Stanley and Co. International PLC - 99,428 No of Shares

4. Lehman Brothers Intl Europe - 3,50,922 No of Shares

5. ITF Mauritius Ltd - 1,16,974 No of Shares.

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