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This Article is From Jun 16, 2011

Amtek Auto Ltd - Redemption of 250 million Zero Coupon Foreign Currency Convertible Bond (the "FCCBs")

Amtek Auto Ltd has informed BSE that the Company issued US $ 250 million Zero Coupon Foreign Currency Convertible Bond (the "FCCBs") in the year 2006. Out of this, Bonds of US $ 108.6 million were due for maturity along with YTM of US $ 37.37 million. The Company has fully paid the entire outstanding amount of US $ 145.97 million against redemption of outstanding bonds along with YTM. Accordingly, there are no-outstanding Foreign Currency Convertible Bond (the "FCCB's") against the above bond issue of US$ 250 million.

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