Bajaj Hindusthan Sugar Limited has informed the Exchange pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, we would like to inform that: The Company has received a sum of Rs. 500 Crore (Rupees Five Hundred Crore) in the respective escrow account maintained exclusively for cane price payment for each of its 14 sugar units from Uttar Pradesh Power Corporation Limited. The said amount is paid to the cane growers towards the cane payment arrears for the sugar season 2020-21 and 2021-22.
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