Pursuant to Regulation 30 and other applicable provisions, if any, of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, GTL Infrastructure has informed that the Committee of the Company at its meeting held today, has considered allotment of 27,81,418 equity shares consequent to conversion for 427 Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) aggregating to $0.427 Mn. at a conversion price of Rs 10 per share. Post this conversion, outstanding Series B1 Bonds are $54.856 Mn. as on July 4, 2018.
The above information is a part of company’s filings submitted to BSE.
