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Ballarpur Industries to buy back $60 million in zero-coupon foreign currency convertibles
By Devika Patel
Knoxville, Tenn., April 24 - Ballarpur Industries Ltd. informed the Bombay Stock Exchange that it approved plans to repurchase $60 million of its zero-coupon foreign currency convertible bonds at a board of directors meeting on April 24.
Ballarpur Industries is a Gurgaon, India, paper company.
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