Bajaj Hindusthan issues warrants to promoters

MUMBAI, May 14: Sugar producer Bajaj Hindusthan Ltd (BJHN.BO: Quote, Profile, Research) on Thursday said its board has approved issuing 14.5 million warrants to the promoters.

The warrants entitle its holder to one share each at a price of a minimum of 52.14 rupees each.

Shares in Bajaj Hindusthan were trading up 0.38 percent at 106.50 rupees in a weak Mumbai market.