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| Exchange Disseminated Time | Bajaj Hindusthan Sugar Ltd has informed BSE that the Board of Directors of the Company, by way of passing a Circular Resolution on April 06, 2016, has allotted 16742168 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. 364476997/- to JLF Lenders 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. 1116817774 divided into 1116817774 equity shares of face value Re. 1/- each, to Rs. 1133559942/- divided into 1133559942 equity shares of face value Re. 1 /- each. |
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