India's Bajaj Hindusthan repurchases $2 million in 0% convertibles

By Devika Patel

Knoxville, Tenn., June 16 - Bajaj Hindusthan Ltd. informed the Bombay Stock Exchange that it bought back $2 million of its zero-coupon foreign-currency convertible bonds for $1.82 million.

Following this repurchase, $99.57 million of the bonds remain outstanding.

Bajaj Hindusthan is a Mumbai, India, sugar company.

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