Jindal Stainless allots 1496386 equity shares

Jindal Stainless Ltd has announced that the Company on November 30, 2007, has allotted 14,96,386 equity shares of Rs 2/- each upon conversion of 820 - 0.50% Convertible Bonds Due 2009 of US$ 41,00,000. Consequent upon conversion of convertible bonds, the paid up equity share capital of the Company has been increased from Rs 29,18,77,092/- to Rs 29,48,69,864/- divided into 14,74,34,932 equity shares of Rs 2/- each.

Source : Equity Bulls

Keywords