GTL Infrastructure Ltd has announced that a meeting of the Committee of the Board will be held on February 20, 2008, to consider allotment of Equity Shares consequent to conversion notices received / to be received for conversion of FCCBs at a conversion price of Rs 53.04 per share, in terms of the Offering Circular dated November 24, 2007 for issue of U.S.$.300,000,000 Zero Coupon Convertible Bonds due 2012.