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GTL Infrastructure LimitedQIP/Rights/Pref., 29-07-2026: Allotment of Securities

29-07-2026 | 04:15 pm

GTL Infra issued 2,99,637 new equity shares at Rs. 10 each to bondholders converting US$ 46,000 in convertible bonds. This strategic move converts debt into equity, aiming to strengthen the balance sheet by reducing outstanding obligations, though it will result in a minor dilution for existing shareholders.

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