BSE has listed 1,09,64,92,534 new equity shares of Rs. 1/- each of Bajaj Hindusthan Sugar Limited (Scrip Code: 500032, ISIN: INE306A01021), issued at a premium of Rs. 5.12/- per share to non-promoters on a preferential basis pursuant to conversion of loan. These shares are permitted to trade on the Exchange with effect from Wednesday, April 15, 2026.

Key Points

• Total new shares issued: 1,09,64,92,534 equity shares of Rs. 1/- each
• Issue price: Rs. 5.12/- per share (face value Rs. 1/- + premium Rs. 5.12/-; note: likely total issue price is Rs. 6.12/- or the premium alone is Rs. 5.12/-)
• Issued to: Non-promoters on preferential basis via conversion of loan
• Distribution numbers: 1277359943 to 2336954000
• Ranking: Pari-passu with existing equity shares of the company
• Trading effective date: April 15, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification informing trading members of the availability of newly issued securities for trading on BSE.

Compliance Requirements

• Trading members are informed that the new securities are listed and available for trading from April 15, 2026.
• Allottees are subject to a mandatory one-year lock-in period as per SEBI preferential allotment regulations.

Important Dates

• Date of allotment (Tranche 1): March 27, 2026 — 1,05,95,94,058 shares (Dist. Nos. 1277359943–2336954000); lock-in until March 27, 2027
• Date of allotment (Tranche 2): March 28, 2026 — 3,69,88,476 shares (Dist. Nos. 2336954001–2373942476); lock-in until March 28, 2027
• Effective trading date: April 15, 2026

Impact Assessment

The issuance of over 1.09 billion new equity shares via preferential allotment as part of a debt-to-equity conversion represents a significant increase in the company’s share capital. This could lead to dilution for existing shareholders. However, the conversion of loan into equity reduces the company’s debt burden, which may be viewed positively from a financial health perspective. All newly allotted shares carry a one-year lock-in, limiting immediate selling pressure from allottees until March/April 2027.