Simbhaoli Sugars to cancel $4.5 million of its 0% convertible bonds

By Devika Patel

Knoxville, Tenn., Sept. 22 - Simbhaoli Sugars Ltd. informed the Bombay Stock Exchange that it decided at a board of directors meeting on Sept. 22 to extinguish $4.5 million of its zero-coupon foreign currency convertible bonds.

Simbhaoli is a Simbhaoli, India-based sugar refiner.

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