Radico Khaitan buys back FCCBs

Last Updated: Mon, Apr 06, 2009 12:17 hrs

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Mumbai: Liquor maker Radico Khaitan on Monday said it has bought back additional foreign currency convertible bonds (FCCBs) worth $4 million (about Rs 20 crore) from the international markets.

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In a filing to the BSE, Radico Khaitan said that “the company has made further buy back of FCCBs for a face value of $4 million.”

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“Till March 31, the company has purchased a total of $14 million face value of FCCBs, leaving a balance outstanding of $36 million,” the company further added.

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