Jubilant Organosys Ltd confirmed a few days ago that its board has approved allotment of shares worth $4000,000 to ABN Amro bank NV upon conversions of FCCBs.
The special committee of the company’s board at its meeting held approved allotment of 21,903 equity shares of Rs5 each at a premium of Rs813.23 per share to ABN Amro bank.
