Business Daily from THE HINDU group of publications
Wednesday, October 31, 2007
|
Business Daily from THE HINDU group of publications Wednesday, October 31, 2007 |
|
|
|
|
|
|
||
|
News Update as at 18.00 hrs (IST)
Info-Tech Reliance Commn allots equity shares on FCCB conversion
MUMBAI: Reliance Communications Ltd has informed the BSE that the board has, pursuant to requests received from the holders of Zero Coupon Foreign Currency Convertible Bonds (FCCBs) of $1,000 each and Zero Coupon Foreign Currency Convertible Bonds (FCCBs
) of $1,00,000 each, allotted on October 31, 2007, 27,72,443 equity shares of Rs 5 each as follows: 6,67,090 equity shares of Rs 5 each at a pre determined premium of Rs 656.23 per share on conversion of 100 FCCBs of $1,00,000 each. 21,05,353 equity shares of Rs 5 each at a pre determined premium of Rs 475.68 per share on conversion of 22806 FCCBS of US $1,000 each.
Prev: Paradyne Infotech buys US co for $3.34 m Business Line | NUS Index | |
Related Topics Alliances & Joint Ventures Broadband Convergence E-Commerce & E-Business E-Governance Financial Performance Hardware Human Resources Industry Associations Infrastructure Internet IPOs IPR ISPs IT Training IT-enabled Services Mergers & Acquisitions New Products & Services New Projects Off-shore Development Outsourcing People Piracy Regulatory Bodies & Rulings Security Software Standards & Benchmarks Storage Telecommunications Trends Venture Capital Viruses |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2007, 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
|