SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bajaj Hindustan to raise Rs 1,820 crore via right issue

21 May 2011 Evaluate

Bajaj Hindustan plans to raise Rs 1,820 crore via right issue and for this purpose it has filed the draft document with market regulator Securities and Exchange Board of India (SEBI). Last month the company’s board had decided to issue equity shares on rights basis to the existing shareholders of the company, for an issue size not exceeding Rs 2,000 crore.

The management committee has been authorized to decide on terms and conditions and other procedural modalities for the proposed rights issue.

Bajaj Hindustan is one of the leading manufacturers of sugar and ethanol. The company, has 14 sugar plants in Uttar Pradesh with a daily cane crushing capacity of 1.36 lakh tonnes, has also forayed into power business.

The company has reported a jump of 129% in its net profit at Rs 72.82 crore for the quarter ended March 31, 2011 against Rs 31.79 crore for the quarter ended March 31, 2010. The company has reported net sales / income from operations of Rs 1252.49 crore for the quarter ended March 31, 2011 against Rs 567.44 crore for the quarter ended March 31, 2010.

Bajaj Hindusthan Sug Share Price

18.80 -0.08 (-0.42%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×