The Board of Bajaj Hindusthan Sugar at its meeting held on 30 June 2025 has approved the tendering of its equity shares (actual entitlement and additional shares) under a buyback offer from group company Lalitpur Power Generation Company Limited for an amount upto Rs. 630.80 Crore.
The company said the proceeds to be received from the said transaction will be utilised by the Company towards payment of its Outstanding dues of 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.
