The committee of Subex has issued 23,99,203 equity shares upon conversion of FCCBs of principal amount of US$ 4 million by the holders of company`s US$ 98.7 million, 5% coupon convertible unsecured foreign currency convertible bonds. Post the conversion, FCCBs aggregating to US$ 68.8 million are outstanding.
Source :www.biginfotech.in
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