Ruchi Infrastructure to buy back FCCBs

Ruchi Infrastructure Ltd has announced that pursuant to the RBI circular dated December 08, 2008 on buy back of Foreign Currency Convertible Bonds (FCCBs), the Board of Directors of the Company at its meeting held on March 06, 2009 has resolved to explore/effect opportunities for buying back of FCCBs issued by the Company and outstanding as on date, subject to applicable Laws and availability of funds.

Source : Equity Bulls

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