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Article: Sun Pharma allots 11 lakh shares upon conversion of FCCBs.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- June 11, 2007
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Sun Pharma allots 11 lakh shares upon conversion of FCCBs
Mumbai, June 11 (PTI): Sun Pharmaceutical Industries today said it has allotted 11.39 lakh shares upon conversion of 18,470 Foreign Currency Convertible Bonds (FCCBs).
The committee of directors in its meeting has recently allotted 11,39,901 equity shares of Rs 5 each at a premium of Rs 724.30 per share upon conversion of 18,470 FCCBs of 1,000 dollar each, Sun Pharmaceutical said in a communique to the Bombay Stock Exchange (BSE).
Consequently, the paid-up equity share capital of the company has increased from 19,49,37,315 equity shares of Rs 5 each to 19,60,77,216 shares of the same ...