Castex Technologies Completes $70 Million FCCB Conversion

New Delhi: Castex Technologies Ltd, which is being investigated by capital market regulator Sebi over possible rigging of share price, today said it has completed conversion of its $70 million FCCB into equity. Castex, an arm of troubled auto component maker Amtek Auto, said the allotment committee of its Board of Directors in its meeting on September 25, allotted 3,06,83,403 equity shares of Rs 2 each at the fixed conversion price ...