Punj Lloyd Ltd has informed BSE that the Company had issued 5 years and 1 day Zero Coupon US$ denominated Foreign Currency Convertible Bonds (FCCB) aggregating to US$ 125 million during the financial year 2006-07. Of this, FCCB amounting to USD 75.30 million (60.24%) were converted into equity shares on exercise of option by the bond holders.
The balance FCCB have been redeemed on the maturity date (i.e. April 08, 2011) at their redemption value of US$ 62.55 (Rs.275.21 Crore).
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Sunday, April 10, 2011
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