Decolight Ceramics To Increase Authorized Equity Share Capital - August 01, 2009

The board of Decolight Ceramics has approved to increase authorized equity share capital of the company up to Rs 80,00,00,000 and to incorporate necessary changes in the memorandum of association of the company.

The board has also approved to raise fund to the tune of Rs 30,00,00,000 by offering, issuing and allotting convertible warrants on preferential basis, and Rs 30,00,00,000 by offering, issuing and allotting on QIP basis and / or by way of GDRs and / or ADR and / or FCCBs.

This was approved at the board meeting held on 31 July 2009.

Prajay Engineers - Allotment Of Equity Shares On Conversion Of Fccbs

Prajay Engineers Syndicate Ltd has informed that the Company at its Allotment Committee Meeting held on February 25, 2008 allotted 76,02,315 equity shares to the following entities on conversion of 3405 Foreign Currency Convertible Bonds.

1. Name of the Shareholder: Goldman Sachs International

No of Shares Allotted: 223269

2. Name of the Shareholder: Deutsche Bank AG London

No of Shares Allotted: 223269

3. Name of the Shareholder: CLSA (Mauritius) Ltd

No of Shares Allotted: 1361942

4. Name of the Shareholder: Lehman Brothers Intl Europe

No of Shares Allotted: 457701

5. Name of the Shareholder: RBC Dexia Investor Services Trust

No of Shares Allotted: 5336134.

Aban Offshore - Allotment Of Equity Shares Pursuant To Conversion Of Fccbs

Aban Offshore Ltd has informed that the Company has received Notices for conversion of Bonds of an amount aggregating to JPY 30,000,000 (3 Foreign Currency Convertible Bonds of face Value of JPY 10,000,000/- each). Accordingly as per the terms of Offering Circular dated March 31, 2006, the Company on February 19, 2008 allotted 4118 Equity Shares of Rs 2/- each fully paid.

Gremach Infrastructure - Allotment Of FCCBs

Gremach Infrastructure Equipments & Projects Ltd has informed that the Company has issued and allotted Foreign Currency Convertible Bonds (FCCBs) with a maturity of five years and one day on February 12, 2008. The FCCBs were issued in the principal amount of USD 50,000,000 (Fifty million only) and are convertible into ordinary shares of the Company at an initial conversion price of Rs 376.36 per share. The conversion price of the FCCBs may be adjusted in certain circumstances. The FCCBs, have a 1% coupon (payable on a semi-annual basis). The said issue was made at 15% premium to the reference price.

The Company had previously obtained the approval of its shareholders to issue FCCBs up to a value of USD 75 million. These FCCBs will be listed on the Singapore Stock Exchange.

Standard Chartered Bank was the sole bookrunner and Atherstone Capital Markets Ltd act as a financial Advisor for this issue.

Jubilant Organosys - Allotment Of Equity Shares On Conversion Of FCCBs

Jubilant Organosys Ltd has informed that the Meeting of the Special Committee of the Board of Directors held on February 13, 2008, allotment of 198,441 equity shares of Re 1/- each at a premium of Rs 272.0648 per share has been made to Swiss Finance Corp. (Mauritius) Ltd., on conversion of a part of the Foreign Currency Convertible Bonds amounting to US $ 1,250,000.

GTL Infrastructure - Allotment Of Equity Shares Upon Conversion Of Fccbs

GTL Infrastructure Ltd has informed that the Committee of Board at its meeting held on February 06, 2008, has considered and approved allotment of 26,67,420 Equity Shares consequent to conversion of FCCBs worth USD 36,00,000 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.

XL Telecom - Allotment Of Equity Shares Upon Conversion Of Fccbs

XL Telecom & Energy Ltd has informed that a Committee of the Board of Directors has allotted 14,99,776 (Fourteen Lakhs Ninty Nine thousand Seven hundred Seventy Six) 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 9.80 million to the following on February 06, 2008.

1. Goldman Sachs Investments (Mauritius) I Ltd FCCB

- No of shares allotted : 14,99,776

- Conversion of FCCBs (USD): 9,800,000

Consequently, the paid up Equity Share Capital of the Company has been increased from 15695114 Equity Shares of Rs 10/- each to 17194890 Equity Shares of Rs 10/-each.

Adlabs Films - Allotment Of Equity Shares On Conversion Of FCCBs

Adlabs Films Ltd has informed that the Committee of the Board of Directors at its meeting held on February 05, 2008 has allotted 1,19,818 equity shares of Face Value Rs 5/- each for cash at a price of Rs 543.42 (including a premium of Rs 538.42) per share pursuant to the conversion notices received in respect of conversion of Zero Coupon Foreign Currency Convertible Bonds aggregating 12,00,000 Euros (or Rs 6,51,12,000) in value.

Pursuant to the allotment the total paid up share capital of the Company shall be Rs 23,00,06,800/- divided into 4,60,01,360 equity shares of Rs 5 each fully paid up.

Further pursuant to the allotment the Networth of the Company shall be Rs 648.07 crores.

The outstanding amount of Zero Coupon Foreign Currency Convertible Bonds is now 2,19,00,000 Euros in value.

HDFC - Allotment Of Shares Pursuant To Conversion Of FCCBs

Housing Development Finance Corporation Ltd (HDFC) has informed that on February 04, 2008, the Corporation has allotted 43,745 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 283,22,09,570 consisting of 28,32,20,957 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: 3803

- %ge converted: 76.06%.

Reliance Communications - Allotment Of Equity Shares On Conversion Of FCCBs

Reliance Communications Ltd has informed that the Allotment Committee of the Board of Directors of the Company has, pursuant to requests received from the holders of Zero Coupon Foreign Currency Convertible Bonds (FCCBs) of USD 1,000 each, allotted 27,694 equity shares of Rs 5 each at a predetermined premium of Rs 475.68 per equity share on January 31, 2008.

The allotted equity shares as aforesaid shall rank pari passu in all respect with the existing equity shares of the Company and shall be entitled for full dividend, if declared for the financial year 2007-08.

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 206,40,26,881 fully paid-up equity shares of Rs 5 each.

Punj Lloyd - Allotment Of Shares Upon Conversion Of FCCBs

Punj Lloyd Ltd has informed that the Committee of Directors in its meeting held on January 23, 2008, has allotted 1,968,664 equity shares under conversion of Zero Coupon Foreign Currency Convertible Bonds aggregating to US $ 12,100,000.

Core Projects - Allotment Of Equity Shares On Conversion Of FCCBs

Core Projects & Technologies Ltd has informed that the Shareholders / Investors Grievance Committee constituted by the Board at its meeting held on January 24, 2008, had allotted 9,85,276 Equity Shares of Rs 2/- on conversion of FCCBs.

With this allotment the paid capital of the Company stands increased to Rs 16,29,76,140 comprising 8,14,88,070 equity shares of Rs 2/- each.

Reliance Communications - Allotment Of Equity Shares On Conversion Of FCCBs

Reliance Communications Ltd has informed that the Allotment Committee of the Board of Directors of the Company has, pursuant to requests received from the holders of Zero Coupon Foreign Currency Convertible Bonds (FCCBs) of USD 1,000 each, allotted 7,03,907 equity shares of Rs 5 each at a predetermined premium of Rs 475.68 per equity share on January 22, 2008.

The allotted equity shares as aforesaid shall rank pari passu in all respect with the existing equity shares of the Company and shall be entitled for full dividend, if declared for the financial year 2007-08.

Consequent upon the said allotment, the paid-up capital of the Company stands increased to 206,39,99,187 fully paid-up equity shares of Rs 5 each.

HDFC - Allotment Of Shares Under ESOS & Pursuant To Conversion Of FCCBs

Housing Development Finance Corporation Ltd (HDFC) has informed that the Corporation on January 22, 2008, allotted 8,67,039 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 283,17,72,120 consisting of 28,31,77,212 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: 3789 %ge converted: 75.78%.

Tata Teleservices - Allotment Of Equity Shares Pursuant To Conversion Of FCCBs

Tata Teleservices Maharashtra Ltd has informed that the Finance Committee of the Board of Directors of the Company has approved the issue and allotment of an aggregate of 27,200 Equity Shares of Rs 10/- each to the investor/s who have exercised their right to convert FCCBs of USD 15,000 held by them into Equity Shares. The Equity Shares have been issued and allotted at a premium of Rs 14.49 per Equity Share (i.e., at a Issue Price of Rs 24.49 per share) in accordance with the terms of the FCCB Issue. Previously the conversion price was Rs 24.96 per share according the terms of the issue, it got adjusted to Rs 24.49 per share after the rights issue of shares of the Company in January 2007. The deemed date of allotment of the Equity Shares is January 11, 2008.2008It may not be out of place to mention that out of the total FCCBs of USD 125 million issued by the Company in June 2004, FCCBs aggregating USD 109.609 million have so far been converted into 19,65,98,952 equity shares (including this 21st Tranche) of the Company.Tata Group holding stands marginally reduced to 65.77% as a consequence of the above referred allotment.

Prajay Engineers - Allotment Of Equity Shares On Conversion Of FCCBs

Prajay Engineers Syndicate Ltd has informed that the Company at its Allotment Committee meeting held on January 21, 2008, allotted 4,46,538 equity shares, as detailed below, to the Foreign Institutional Investors on conversion on FCCBs:- Goldman Sachs Investments (Mauritius) Ltd, Mauritius : 4,46,538 no of shares allotted.

Educomp Solutions - Allotment Of Equity Shares On Conversion Of FCCBs

Educomp Solutions Ltd has informed that in accordance with the Offering Circular dated on July 20, 2007 of USD 80 million Zero Coupon Foreign Currency Convertible Bond (FCCBs) due 2012 issue, the Company has received conversion notice in respect of 1000 bonds aggregating to USD 1 million from One of the bond holder. Accordingly the Board of Directors by passing the resolution by circulation on January 21, 2008 has allotted 13,807 Equity Shares of the Company to the respective Bondholder who has exercised his conversion option.Further, after allotment of 13,807 shares, paid up Share Capital has increased from Rs 17,23,27,570/- consisting of 1,72,32,757 equity shares of Rs 10/- each to Rs 17,24,65,640/- consisting of 1,72,46,564 equity shares of Rs 10/- each.

Mercator Lines - Allotment Of Equity Shares On Conversion Of FCCBs

Mercator Lines Ltd has informed that the Committee of Board of Directors of the Company at its meeting held on January 21, 2008, inter alia, has approved allotment of 36,04,441 equity shares of Re 1/- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCBs) aggregating USD 4,930,000/- from bond holders at a conversion price of Rs 59/812. Consequently, the paid up capital of the Company has increased to 23,37,98,701 equity shares of Re 1/- each. With this conversion, now there are 1000 FCCBs outstanding of aggregate amount of USD 10,000,000/-.

JCT - Allotment Of Equity Shares On Conversion Of FCCBs

JCT Ltd has informed that the Company has received a Conversion Notice from its Principal, Paying, Conversions and Transfer Agent, for conversion of 325 FCCBs of USD 10000 aggregating to USD 32,50,000 into equity shares. In terms of the Offering Circular dated March 31, 2006, the Company, on January 21, 2008, has issued and allotted 1,08,87,621 equity shares of the face value of Rs 2.50 each for cash at a premium of Rs 10.82 per share consequent upon conversion of above referred FCCBs. By virtue of conversion of 325 FCCBs referred above, the number of FCCBs and amount outstanding stands at 2600 and USD 26.00 Million respectively.Further upon conversion of FCCBs as mentioned above into equity shares, the paid-up equity share capital of the Company has increased from 34,61,81,571 equity shares of the face value of Rs 2.50 each to 35,70,69,192 equity shares of Rs 2.50 each.

Shringar Cinemas - Allotment Of Equity Shares Upon Conversion Of FCCBs

Shringar Cinemas Ltd has informed that out of the 0.5% per annum Series B Unsecured Foreign Currency Convertible Bonds due 2011 (FCCBs) aggregating to USD 8 million issued by the Company, 1,687,850 Equity Shares were allotted by the Managing Committee of the Company at its meeting held on January 16, 2008 at a conversion price of Rs 107/- per equity share and at the Exchange Rate of Rs 45.15 per USD upon conversion of the said Foreign Currency Convertible Bonds Series B due on 2011 (FCCBs) aggregating to USD 4 million.