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JSL Stainless allots equity shares upon conversion of FCCBs

13 Jan 2012 Evaluate

JSL Stainless has informed that on January 13, 2012, the company has allotted 3,64,972 equity shares of Rs 2 each to the Royal Bank of Scotland NV London upon conversion of 0.50% FCCBs amounting to $10,00,000.

Consequent upon the above said allotment, the paid up equity share capital of the company has increased from Rs 37,68,21,418 to Rs 37,75,51,362 divided into 18,87,75,681 equity shares of Rs 2 each.

The above information is part of the company’s filing submitted to the BSE.

Peers
Company Name CMP
JSW Steel 1273.00
Tata Steel 186.80
Steel Authority 177.05
Jindal Stainless 734.20
APL Apollo Tubes 2153.45
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