Business Standard

Bajaj Hindusthan to raise Rs 2,000 cr

Image

Press Trust of India Mumbai

The country's largest sugar manufacturing firm, Bajaj Hindusthan, today said its shareholders will meet on December 16 to consider and approve raising of Rs 2,000 crore from domestic and international markets.

The board of directors, at their meeting held today, approved to hold an extraordinary general meeting of the shareholders, for obtaining the requisite approval to raise funds worth Rs 2,000 crore funds from domestic and international markets, Bajaj Hindusthan said in a filing with the BSE.

Shares of Bajaj Hindusthan were trading at Rs 221.35 on the BSE, up 0.87 per cent from its previous close.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 13 2009 | 3:58 PM IST

Explore News