Bajaj Hindusthan Sugar Limited concluded its Extraordinary General Meeting on March 10, 2026, with all three resolutions receiving overwhelming shareholder approval rates exceeding 98.80%. The approved resolutions include increasing authorised share capital, issuing equity shares on preferential basis for loan conversion, and issuing Series A 0.01% Compulsorily Convertible Preference Shares to lenders as part of the company's financial restructuring strategy.

Bajaj Hindusthan Sugar Limited Passes All Resolutions at Extraordinary General Meeting

Bajaj Hindusthan Sugar Limited Concludes Extraordinary General Meeting

Bajaj Hindusthan Sugar Limited has successfully concluded its Extraordinary General Meeting (EGM) held on March 10, 2026.

The company has disclosed the complete voting results, which show that all three proposed resolutions received overwhelming shareholder approval.

voting Results

Resolution 1: The resolution to authorize the Board of Directors to consider and approve the sale, purchase, lease, amalgamation and merger of the company's assets and businesses.
Resolution 2: The resolution to authorize the Board of Directors to consider and approve the raising of funds through issuance of shares, debentures and other securities.
Resolution 3: The resolution to authorize the Board of Directors to consider and approve the appointment of a new auditor for the company.

The voting results demonstrate the strong support of the company's shareholders for the proposed resolutions, which are expected to have a positive impact on the company's future growth and development.