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Thus consequent to the Scheme, subject to necessary regulatory approval, the Company is required to allot FCCBs of USD 27,50,00,000 attributable to Demerged Undertaking. Once allotted these FCCBs of 27,50,00,000 will account for 11,12,41,666 equity shares based on Share Swap ratio.  Assuming full conversion of said FCCBs the Promoter / Promoter Group holding would reduce from 59.83% to about 49.48% and the Public Shareholding would increase from 40.17% to about 50.52%. Note No. 2. The detail of shares pledged by the Promoter & Promoter Group is indicated on the basis of Auto Credit Action executed by the depositories in the normal course of entitlements in demerger and may not reflect an agreed contractual position. 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