Thursday, June 11, 2009

GTL Infrastructure - Allotment Of Equity Shares - June 11, 2009

GTL Infrastructure Ltd has informed that the Committee of the Board at its meeting held on June 11, 2009, has considered and approved the allotment of 4,816,175 Equity Shares consequent to conversion of FCCBs worth USD 6,500,000 at a conversion price ofRs 53.04 per equity share, in terms of the Offering Circular dated November 24, 2007 for issue ofU.S.$. 300,000,000 Zero Coupon Convertible Bonds due 2012.

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