JSL Stainless Ltd has informed BSE that the Company have received a Notice dated January 04, 2011 through Citibank N.A., principal agent of the bond holders for conversion of 950 Foreign Currency Convertible Bonds (FCCBs) of US$ 5,000 each into 17,33,620 equity shares of Rs.2/- each.
The Company is in process of allotment of shares upon conversion of the said Convertible Bonds. | | Source : BSE |
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