Bajaj Hindusthan Sugar Ltd Allots 1,67,23,565 Equity Shares on Preferential Basis

Bajaj Hindusthan Sugar Ltd has allotted 1,67,23,565 equity shares of face value of Re.1/- each at a price of Rs.5.12 per share (including Rs.4.12 premium) on preferential basis. This allotment is in accordance with the Resolution Plan and is upon conversion of loan to the Lender/s of the Company. The allotment of the equity shares has increased the paid up equity share capital of the Company from Rs. 2,37,39,42,476/- to Rs. 239,06,66,041/-. This allotment completes the allotment of all lenders.