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Published on 1/4/2010 in the Prospect News Convertibles Daily.

Shakti Pumps buys back $6.5 million in foreign-currency convertibles

By Devika Patel

Knoxville, Tenn., Jan. 4 - Shakti Pumps India Ltd. informed the Bombay Stock Exchange that it repurchased all $6.5 million of its foreign-currency convertible bonds due May 10, 2012.

Shakti manufactures submersible pumps and motors and is based in Dhar, India.


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