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Published on 11/19/2008 in the Prospect News Emerging Markets Daily.

India's Sardar Sarovar plans to redeem deep discount bonds

By Devika Patel

Knoxville, Tenn., Nov. 19 - Sardar Sarovar Narmada Nigam Ltd. informed the Bombay Stock Exchange that, at a board of directors meeting on Nov. 3, it approved plans to redeem its deep discount bonds at Rs. 50,000 apiece.

Sardar Sarovar is based in Gandhinagar, India.


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