GTL Infrastructure Ltd has informed BSE that the Committee of Board at its meeting held on February 06, 2008, has considered and approved allotment of 26,67,420 Equity Shares consequent to conversion of FCCBs worth US$ 36,00,000 at a conversion price of Rs 53.04 per share, in terms of the Offering Circular dated November 24, 2007 for issue of U.S.$. 300,000,000 Zero Coupon Convertible Bonds due 2012.
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