Subex Ltd. said its board had issued 47,96,238 equity shares of Rs.10 each, upon conversion of Foreign Currency Convertible Bonds (FCCBs) of principal amount of $19,50,000 by the holder(s) of company's $127.721 million 5.70 percent Convertible Secured Bonds.
Post the conversion, FCCBs aggregating to $86.65 million are outstanding under the said Bonds, the company said.
Consequently the paid up share capital of the company has increased to 165,410,158 from Rs.160,613,921.
At the BSE, Subex closed Wednesday's trading at Rs.12.11, down 1.46 percent from the previous close.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.