Bhagyanagar India buys $1 million of its foreign currency convertibles

By Devika Patel

Knoxville, Tenn., Dec. 4 - Bhagyanagar India Ltd. informed the Bombay Stock Exchange that it repurchased $1 million of its $15 million in foreign currency convertible bonds at a discount.

Principally engaged in manufacturing copper products and cables, Hyderabad, India-based Bhagyanagar also develops real estate and infrastructure.

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