5 Nov 2012 07:00
2 November, 2012
To
The London Stock Exchange
10 Paternoster Square
London
EC4M 7LSDear Sirs
Allotment of 737,882 equity shares upon conversion of FCCBs
Please be informed that the Board of Directors of the Company has issued 737,882 equity shares upon conversion of FCCBs of principal amount of US$ 300,000 by the holder(s) of Company's US$ 127.721 million 5.70% Convertible Secured Bonds. Post the conversion, FCCBs aggregating to US$ 91.10 million are outstanding under the said Bonds.
Consequently the paid up share capital of the Company has increased from Rs. 1,586,462,340 to Rs. 1,593,841,160.
We request you to take the aforesaid notification on record.
Yours faithfullyFor and on behalf ofFor Subex Limited
Vinay M A
Company Secretary & Compliance Officer