Videocon Industries allots FCCBs

Videocon Industries Ltd has informed that the Committee of the Board of Directors of the Company at its meeting held on January 10, 2008, has allotted 2,573,371 (Two Million Five Hundred Seventy Three Thousand Three Hundred Seventy One only) equity shares pursuant to conversion of 26,150 FCCBs in terms of issue of 5% Foreign Currency Convertible Bonds of US$ 1,000 each, due on March 07, 2011, at a conversion price of Rs 448.59 per
equity share.

Further, the Committee has also allotted 2,184,805 (Two Million One Hundred Eighty Four Thousand Eight Hundred Five only) equity shares pursuant to conversion of 22,500 FCCBs in terms of issue of 4.5% Foreign Currency Convertible Bonds of US$ 1,000 each, due on July 25, 2011, at a conversion price of Rs 477.00 per equity share.