Bajaj Hindusthan Sugar Ltd repays outstanding amounts on OCDs

Bajaj Hindusthan Sugar Limited has tendered part of its investments in Lalitpur Power Generation Company Limited (LPGCL), a group company, under the buyback offer by LPGCL.

The Company has received Rs. 630.80 crore from the said buyback of shares offered to the Company by LPGCL. Out of the proceeds received, the Company has paid its entire overdue Outstanding amounts on Optionally Convertible Debentures (first instalment for redemption of principal amount of Optionally Convertible Debentures (OCDs), YTM and coupon interest due on March 31, 2025) to the lenders on July 01, 2025.

Shares of Bajaj Hindusthan Sugar Limited was last trading in BSE at Rs. 25.76 as compared to the previous close of Rs. 25.92. The total number of shares traded during the day was 1141376 in over 3871 trades.

The stock hit an intraday high of Rs. 26.56 and intraday low of 25.60. The net turnover during the day was Rs. 29631193.00.

Source : Equity Bulls

Keywords

BajajHindusthanSugar INE306A01021 StakeSale LalitpurPowerGenerationCompany Repayment OCDs