Educomp Solutions Updates on Allotment of Shares on conversion of FCCBs

With reference to the earlier announcement dated August 22, 2007, regarding Allotment of Shares on conversion of FCCBs, Educomp Solutions Ltd has announced that in accordance with the terms of Company's US$ 25 Million Foreign Currency Convertible Bonds (FCCB) issue, 50 1% FCCB's of US$10000 each be and are hereby allotted and convened into 25,321 equity shares of Rs 10/- each at premium of Rs 890/- per share, credited as fully paid-up to following Bondholders as per following details:

- ITF, Mauritius Ltd, Mauritius: 25,321 no of equity shares

Source : Equity Bulls

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