Investment1 April 2026 at 10:46 am
Bajaj Hindusthan Sugar Ltd Allots 44.57 Crore Compulsorily Convertible Preference Shares
AI Summary
Bajaj Hindusthan Sugar Ltd has allotted 44,56,67,369 Series A 0.01% Compulsorily Convertible Preference Shares (CCPS) of face value of Re.1/- each issued at par on preferential basis to the Lender/s of the Company. This allotment, amounting to Rs.44.57 Crores, is in accordance with the 'Resolution Plan' and the Framework Obligations and Disclosure Requirements) Regulations. 2015 ('SEBI Listing Regulations').
Key Highlights
- Allotment of 44,56,67,369 Series A 0.01% Compulsorily Convertible Preference Shares (CCPS) of face value of Re.1/- each issued at par on preferential basis.
- Allotment amounting to Rs.44.57 Crores in accordance with the 'Resolution Plan' and the SEBI Listing Regulations.
- Allotment to the Lender/s of the Company.
- Completion of allotment to all lenders.
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Bajaj Hindusthan Sugar LimitedPrice Impact