JSL Stainless Limited said that it had allotted 364,972 equity shares of INR 2 each to The Royal Bank of Scotland NV London upon conversion of 0.50% Foreign Currency Convertible Bonds or FCCBs aggregating to USD 1 million.

Consequent upon the above said allotment, the paid up equity share capital of the company rose from INR 37,68,21,418 to INR 37,75,51,362, divided into 18,87,75,681 equity shares of INR 2 each.

(Sourced from www.rttnews.com)