Nahar repurchases $9.8 million in foreign currency convertibles

By Devika Patel

Knoxville, Tenn., March 31 - Nahar Industrial Enterprises Ltd. informed the Bombay Stock Exchange that it bought back $9.8 million of its foreign currency convertible bonds.

There are $9.7 million of the bonds remaining outstanding.

Based in Punjab, India, Nahar is a textile company that manufactures yarn, fabrics and readymade garments.

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