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Allotment of Equity Shares on conversion of FCCBs

| Updated on August 18, 2011 Published on August 18, 2011

Nava Bharat Ventures Ltd has informed BSE that the Boards Allotment Committee considered the Conversion Notice and approved the conversion of 323 Foreign Currency Convertible Bonds of JPY 10 Million each by Kingfisher Capital CLO Ltd, Walker House, 87 Mary Street, George Town, Grand Cayman KY1 9002, Cayman Islands, in accordance with the terms and conditions of the Offering Circular dated September 29, 2006 and allotted 1,29,23,073 Equity Shares of Rs. 2/- each to Kingfisher Capital CLO Ltd, Walker House, 87 Mary Street, George Town, Grand Cayman KY1 9002, Cayman Islands, at the prevailing Conversion Price.

Source : BSE - >www.bseindia.com

Published on August 18, 2011
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