XL Telecom & Energy Ltd has informed that a Committee of the Board of Directors has allotted 11,93,698 (Eleven Lakhs Ninty Three thousand Six hundred Ninty Eight) Equity Shares of Rs 10/- each of the Company at a premium of Rs 250/- per share upon conversion of Foreign Currency Convertible Bonds to the extent of USD 7.80 million to the following on January 09, 2008.
1. Triple M Investments Ltd
- No of shares allotted : 6,58,064
- Conversion of FCCBs (USD): 4,300,000
2. Macquarie Bank Limited - FCCB
- No of shares allotted : 76,519
- Conversion of FCCBs (USD): 500,000
3. Morgan Stanley Mauritius Company Ltd
- No of shares allotted : 4,59,115
- Conversion of FCCBs (USD): 3,000,000
Consequently, the paid up Equity Share Capital of the Company has been increased from 14501416 Equity Shares of Rs 10/- each to 15695114 Equity Shares of Rs 10/-each.
1. Triple M Investments Ltd
- No of shares allotted : 6,58,064
- Conversion of FCCBs (USD): 4,300,000
2. Macquarie Bank Limited - FCCB
- No of shares allotted : 76,519
- Conversion of FCCBs (USD): 500,000
3. Morgan Stanley Mauritius Company Ltd
- No of shares allotted : 4,59,115
- Conversion of FCCBs (USD): 3,000,000
Consequently, the paid up Equity Share Capital of the Company has been increased from 14501416 Equity Shares of Rs 10/- each to 15695114 Equity Shares of Rs 10/-each.
No comments:
Post a Comment