Allotment of Shares on conversion of 1% Foreign Currency Convertible Bonds Due 2012 ("FCCBs")
Aftek Ltd has informed BSE that the Company on October 18, 2012 have allotted 1,66,57,302 numbers of equity shares of Rs. 2/- each by conversion of 526 numbers of FCCBs of USD 10,000 each at a conversion price of Rs. 13.76. Post- conversion, 354 numbers of FCCBs remain outstanding and the paid-up share capital of the Company stands increased from Rs. 18,70,61,578 to Rs. 22,03,76,182.