Regulatory29 May 2026, 10:11 pm
Bajaj Hindusthan Sugar: Deviation Statement for March 2026
AI Summary
Bajaj Hindusthan Sugar Ltd. filed a statement of deviation and variation for the quarter ended March 31, 2026, pursuant to Regulation 32 of the SEBI (LODR) Regulations, 2015. The report pertains to the issue of equity shares and Compulsorily Convertible Preference Shares (CCPS) on a preferential basis upon conversion of loan as per the Resolution Plan. The company confirms no deviation in the use of funds raised, with the entire amount of ₹5,61,45,02,574 utilized for conversion of loan to equity.
Key Highlights
- Bajaj Hindusthan Sugar reports no deviation in fund utilization for Q4 2026.
- ₹5,61,45,02,574 was used for loan conversion to equity as per the Resolution Plan.
- The report covers the issuance of equity shares and CCPS on a preferential basis.
- The filing is in compliance with SEBI (LODR) Regulation 32.
Price Impact
More from BAJAJHIND