Bajaj Hindusthan Sugar allotted 44,56,67,369 Series A 0.01% CCPS at Re.1/- each, aggregating Rs.44.57 Crores to Bank of India.
The allotment represents conversion of loan into CCPS on preferential basis under the company's Resolution Plan.
This allotment completes the CCPS issuance to all lenders under the Resolution Plan, per Regulation 30 of SEBI Listing Regulations.