• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

BANGALORE: Subex Systems' board has approved the allotment of 2,30,769 equity shares of Rs 10 each at a premium of Rs 290 each, consequent to the conversion of Foreign Currency Convertible Bonds (FCCBs) of a value of $1.5 million to Merrill Lynch Capital Markets Espana SASV.

Consequently, the company's paid-up equity share capital has gone up from 1,06,07,720 equity shares of Rs 10 each (aggregating to Rs 10,60,77,200) to 1,08,38,489 equity shares of Rs 10 each (Rs 10,83,84,890). The entire outstanding FCCBs have been converted by the investors and the company does not have any outstanding FCCBs in its books as on date.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Ranbaxy board to consider US listing

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line