Murli Industries considers repurchasing foreign-currency convertibles

By Devika Patel

Knoxville, Tenn., Dec. 23 - Murli Industries Ltd. informed the Bombay Stock Exchange that its board of directors will consider plans to buy back the company's foreign-currency convertible bonds at a meeting on Dec. 24.

Murli is a Maharashra, India-based diversified group with businesses in paper production and cement.

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