GTL Infrastructure has allotted 17,61,993 equity shares consequent to conversion of Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) amounting to US$ 129,500, Interest Bearing Convertible Bonds (Series B2 Bonds) amounting to US$ 93,000 and Zero Coupon Compulsorily Convertible Bonds (Series B3 Bonds) amounting to US$ 48,000 aggregating to US$ 270,500 at a conversion price of Rs. 10/- per share.
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