Mumbai, Nov. 11 -- The board of Bajaj Hindusthan Sugar at its meeting held on 11 November 2026 has approved the sale/ divestment of the Company's entire (100%) shareholding in Bajaj Hindusthan (Singapore) (BH(S)PL), a wholly owned subsidiary of the Company, to Altaqat Management Consultancies Co LLC (Lead member) in Consortium with Dejavu FZ LLC. (Buyer), for a total consideration of USD 62,61,887 subject to necessary regulatory compliances.

Pursuant to the aforesaid sale of entire shares of BH(S)PL, BH(S)PL will cease to be a subsidiary of Bajaj Hindusthan Sugar Limited. Two step-down subsidiaries in Indonesia namely, PT Jangkar Prima and PT Batu Bumi Persada will also be ceased to be subsidiaries of Bajaj Hindusthan Sugar.

Published b...