Bajaj Hindusthan Sugar Ltd Allots 36988476 Equity Shares on Preferential Basis

Bajaj Hindusthan Sugar Ltd has allotted 3,69,88,476 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 on conversion of loan. This allotment is in accordance with the 'Resolution Plan' and SEBI Listing Regulations, 2015. The allotment has increased the company's paid-up equity share capital from Rs.2,33,69,54,000/- to Rs.2,37,39,42,476/-. The remaining 1 lender's allotment will be done upon completion of the conversion process.