Bajaj Hindusthan Sugar allots equity shares

On conversion of Funded Interest Term Loan

Bajaj Hindusthan Sugar announced that the Board of Directors of the Company, by way of passing a Circular Resolution on 04 February 2016 has allotted 71839993 equity shares of face value Re. 1/- each at a premium of Rs. 20.77 per equity share upon conversion of Funded Interest Term Loan (FITL) aggregating to Rs. 1563956647/- to JLF Lenders pursuant to the Restructuring Scheme under JLF route. Powered by Capital Market - Live News