Mercator Lines allots FCCBs, listed on Singapore Stock Exchange

27th April 2005: Mercator Lines Ltd has informed BSE that the Company's transaction of Issue of Foreign Currency Convertible Bonds (FCCB), unsecured, aggregating US $60,000,000 (US Dollar 60 millions) on book building has been successfully completed and the Bonds are allotted on April 26, 2005. Particulars of the issue are as under:

- Size: US $ 60 million

- Book building & Pricing Date: April 07, 2005

- Allotment Date: April 26, 2005

- Maturity Date: April 27, 2010

- Initial Conversion price: Rs 149.53 per share (with a fixed rate of exchange on conversion of Rs 43.73 USD 1.00) representing 40% premium.

- Cash Coupon Rate: 1.50% p.a., payable annually

- Yield to maturity: 5.95% p.a.

- Redemption: At yield to maturity of 5.95% reducing the cash coupon rate.

- Listing: Singapore Stock Exchange.

Godawari Power and Ispat Ltd share list at Rs 99

26th April 2006: Shares in Godawari Power and Ispat Ltd, a steel rods and pipes maker, listed at Rs 99 on Tuesday, a 22% premium to the initial public offer at Rs 81. The company, which also produces electricity for its own use, had raised Rs 7.04 crore in the IPO. The funds will be used to expand its manufacturing capacity at its plant in the central Indian state of Chhattisgarh.

Sun TV lists at Rs 1,111

24th April 2006: Sun TV listed at Rs 1,111 on the BSE as against the issue price of Rs 875. The stock touched a high of Rs 1,275, and a low of Rs 1,061. The stock is now trading at Rs 1,242 on volumes of around 4.50 lakh shares.