Online BusinessAdhikari Bros completes 100% FCCB buyback
Sri Adhikari Brothers Television Network Ltd has informed BSE that it has repurchased and canceled US $ 2.5 million outstanding 1.50 per cent Secured Foreign Currency Convertible Bonds (FCCBs) due in 2012 and listed on the Singapore Stock Exchange.
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With the above mentioned buyback the company has completed 100 per cent buyback of US $9 million Foreign Currency Convertible Bonds issued and allotted in the year June, 2007.