Sakthi Sugars repurchases FCCBs aggregating $6.3 million

Sakthi Sugars Ltd has announced that the Company has repurchased Zero Coupon Convertible Bonds Due 2009 (Series A) aggregating to USD 6.3 Million held by Citigroup Global Markets Asia Ltd. at 40% value of the Bonds.

The stock closed the day at Rs.60.55, up by Rs.0.75 or 1.25%. The stock hit an intraday high of Rs.61.15 and low of Rs.59.60.

The total traded quantity was 0.97 lakhs compared to 2 week average of 2.04 lakhs.

Source : Equity Bulls

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