Bajaj Hindusthan to take over Prathappur Sugar

 The company will acquire 19,80,000 equity shares from existing promoters at Rs 55 per share, according to a release issued by Bajaj Hindustan to the BSE today.

 "The company will make an open offer to the remaining equity shareholders of PSIL for acquiring 20% additional shares, i.e 7,20,000 equity shares, at Rs 56.80 each," the release added.