Pidilite Industries has informed that pursuant to the offering circular dated December 03, 2007, the company had issued and allotted 400 Zero Coupon Foreign Currency Convertible Bonds (Bonds) of US$ 100,000 each aggregating to US$ 40 million.
Further, the company has informed that, the Foreign Currency Convertible Bonds (Share Allotment) Committee at its meeting held on October 25, 2012 has, in accordance with the terms of issue of the said bonds, allotted 2,73,092 equity shares to the investors who have exercised their right to convert, into equity shares, the seven bonds of US $ 100,000 each. There are 257 Bonds aggregating US $ 25.7 million outstanding, as on date.
The above information is a part of company's filings submitted to BSE.
