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Bajaj Hindusthan Sugar Approves Rs. 630.80 Crore Buyback Offer

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Bajaj Hindusthan Sugar Approves Rs. 630.80 Crore Buyback Offer

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An update from Bajaj Hindusthan Sugar Limited ( (IN:BAJAJHIND) ) is now available.

Bajaj Hindusthan Sugar Limited announced the approval of a buyback offer for equity shares from Lalitpur Power Generation Company Limited, amounting to Rs. 630.80 Crore. The proceeds from this transaction will be used to settle outstanding dues related to Optionally Convertible Debentures, which include the redemption of principal, YTM, and coupon interest due by March 31, 2025.

More about Bajaj Hindusthan Sugar Limited

Bajaj Hindusthan Sugar Limited is a prominent player in the sugar industry, primarily engaged in the production of sugar and related products. The company focuses on leveraging its market position to optimize operations and financial performance.

Average Trading Volume: 1,327,177

Current Market Cap: 33.1B INR

Learn more about BAJAJHIND stock on TipRanks’ Stock Analysis page.

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