Wednesday, March 26, 2008

HDFC - Allotment Of Equity Shares

Housing Development Finance Corporation Ltd (HDFC) has informed that on March 25, 2008, the Corporation has allotted 1,43,667 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 284,03,79,850 consisting of 28,40,37,985 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: 3819
- %ge converted: 76.38%.

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