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Adhikari 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. - Overseas borrowings slip from October high - 17 FCCB violations investigated, says govt - Sensex near day"s low - Markets extend losses - Maha Govt blocks moneycontrol.com, bseindia.com for its staff - Another lacklustre day 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.


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