Fortis Healthcare has informed that the Company has issued $30 Million Foreign Currency Convertible Bonds due 2018 (FCCBs) through an Offering Circular listed on Singapore Stock Exchange in the year 2013. The maturity date/ last date of conversion of FCCBs is August 1, 2018. The Company has received Conversion Notice from DB Trustees (Hong Kong) (the trustees) that the investor Standard Chartered Private Equity (Mauritius) III (SCPE) has requested for conversion of entire FCCBs into equity shares equivalent to 18,070,650 equity shares of Rs 10 each at Rs 99.09 per shares with a fixed rate of exchange on conversion of Rs 59.6875 = $1.00.
The above information is a part of company’s filings submitted to BSE.
