3i Infotech allots 1539115 Equity shares against conversion of 500 5% FCCBs due 2017

3i Infotech Ltd has allotted 15,39,115 equity shares on September 25, 2012 against a conversion notice received in respect of 500 5% Foreign Currency Convertible Bonds due 2017 (FCCBs), which are a part of the 5% Convertible Bonds due 2017 of principal value USD 125,356,000 issued and listed on Singapore Stock Exchange on April 26, 2012.

15,39,115 equity shares were allotted to Swiss Finance Corporation (Mauritius) Limited.

The 3i Infotech Ltd stock was trading at Rs.8.36, down by Rs.0.05 or 0.59%. The stock hit an intraday high of Rs.8.70 and low of Rs.8.25.

The total traded quantity was 3.15 lakhs compared to 2 week average of 6.36 lakhs.

Source : Equity Bulls

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