Thursday, January 31, 2008

Videocon Industries - Allotment Of Equity Shares

Videocon Industries Ltd has informed that the Committee of the Board of Directors of the Company at its meeting held on January 30, 2008, has allotted 1,033,286 (One Million Thirty Three Thousand Two Hundred Eighty Six) equity shares pursuant to conversion of 10,500 FCCBs in terms of issue of 5% Foreign Currency Convertible Bonds of USD 1,000 each, due on March 07, 2011, at a conversion price of Rs 448.59 per equity share.

Further, the Committee has also allotted 179,639 (One Lakh Seventy Nine Thousand Six Hundred Thirty Nine) equity shares pursuant to conversion of 1,850 FCCBs in terms of issue of 4.5% Foreign Currency Convertible Bonds of USS$ 1,000 each, due on July 25, 2011, at a conversion price of Rs 477.00 per equity share.

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