Enso Secutrack adjusts FCCB conversion price

Enso Secutrack Ltd has announced that Company had issued Foreign Currency Convertible Bonds (FCCB) vide its offering circular dated April 30, 2008 aggregating US $ 12 Million 3 percent Convertible Bonds due 2013 and it provides for a Conversion Price Reset based on the pre fixed criteria.

Accordingly on the Reset date as per terms of the Offering Circular, Conversion Price has been adjusted in accordance with the pre fixed criteria.

The stock was trading at Rs.17.30, down by Rs.0.90 or 4.95%. The stock hit an intraday high of Rs.17.60 and low of Rs.17.30.

The total traded quantity was 11951 compared to 2 week average of 10597.

Source : Equity Bulls

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