GTL Infrastructure Ltd has informed that the Committee of the Board at its meeting held on March 11, 2008, has considered and approved allotment of 8,15,045 Equity Shares consequent to conversion of FCCBs worth USD 11,00,000 at a conversion price of Rs 53.04 per share, in terms of the Offering Circular dated November 24, 2007 for issue of U.S.$.300,000,000 Zero Coupon Convertible Bonds due 2012.
Further the Company has informed that, the Nomination & Remuneration Committee of the Board of Directors of the Company at its meeting held on March 11, 2008, has made an allotment of 17,00,000 (Seventeen lacs only) Options, in terms of Employees Stock Option Scheme 2005 (ESOS 2005) of the Company.
Further the Company has informed that, the Nomination & Remuneration Committee of the Board of Directors of the Company at its meeting held on March 11, 2008, has made an allotment of 17,00,000 (Seventeen lacs only) Options, in terms of Employees Stock Option Scheme 2005 (ESOS 2005) of the Company.
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