GTL Infrastructure Limited has made a regulatory disclosure regarding the allotment of equity shares resulting from the conversion of Foreign Currency Convertible Bonds.
The Company Committee, at its meeting held on July 29, 2026, approved the allotment of 2,99,637 equity shares of the company. This allotment is consequent to the conversion of Interest Bearing Convertible Bonds (specifically Series B2 Bonds) amounting to US$ 46,000.
The conversion was executed at a fixed price of ₹10 per equity share. The disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The letter was addressed to both BSE Limited and National Stock Exchange of India Limited for record updating purposes. The communication was digitally signed by Deepak Arun Keluskar (Company Secretary) and Ajit Mohan Shanbhag (Chief Financial Officer) on July 29, 2026.
Financial Impact
The conversion results in an increase of 2,99,637 equity shares in the company's capital structure and a reduction of US$ 46,000 in foreign currency denominated debt obligations.