GTL Infrastructure allots 592760 Equity Shares

GTL Infrastructure Ltd has announced that the Committee of Board at its meeting held on April 30, 2008, has considered and approved the allotment of 592,760 Equity Shares consequent to conversion of FCCBs worth US$ 800,000 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.

Source : Equity Bulls

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