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this company management or director had a serious problem or a totally idiot. Here share buy back, in another hand borrowing money. No money why share buy back? if got money why borrowing?
maybe to said that share buy back is due to they are planning on something which they might boost the share price up and loan money from midf to proceed with the power plant construction process? it might to said that this project will indirectly boost up the price of their company shares