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Bajaj Hindusthan Sugar informs about Outcome of Board Meeting

16 May 2015 Evaluate

Bajaj Hindusthan Sugar has informed that the Board of Directors of the Company at its meeting held on May 15, 2015, has allotted 6512669 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 141780804 to JLF Lender pursuant to the Restructuring Scheme under JLF route. Consequent to the allotment of the equity shares as aforesaid, the paid up equity share capital of the Company stands increased from present Rs 810241177 divided into 810241177 equity shares of face value Re 1  each, to Rs 816753846 divided into 816753846 equity shares of face value Re  1  each.

The above information is a part of company’s filings submitted to BSE.

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