GTL Infrastructure Ltd has announced that as per the terms of the Issue of Convertible Warrants on Preferential basis, the Committee of Directors (CoD) in their meeting held on March 24, 2009, have forfeited 4,61,50,000 Warrants issued on November 30, 2007 along with 10% of the consideration for non-payment of the remaining amount due in respect of the said 4,61,50,000 Warrants for which calls were made, as per the terms of the Issue

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