Jindal Saw Ltd has informed BSE that the Committee of Directors in their meeting held on September 18, 2009, allotted 26,00,897 equity shares of Rs. 10/- at a price of Rs. 819/- on exercise of option of conversion of 27,30,000 - 9.5% unsecured compulsorily convertible debentures (CCDs) by Anbeeco Investments Ltd., the allottee of CCDs.