The Securities and Exchange Board of India (SEBI) has denied the appeal by Bajaj Hindusthan and its promoters regarding allegations of misuse of funds. This decision comes after an investigation into the fund diversion case.

The Securities and Exchange Board of India (Sebi) has dismissed Bajaj Hindusthan's appeal in the Rs 1,189 crore fund diversion investigation, pointing towards suspicious transactions worth Rs 318.5 crore via Ojas and Rs 870.6 crore via Bajaj Power. The regulator's decision raises concerns about governance and transparency within the company, leading investors to closely watch the implications for Bajaj Hindusthan's reputation and financial health.

India has imposed a sugar export ban until September 2026, potentially affecting companies like Balrampur Chini, Bajaj Hindustan, and Triveni Engineering due to production shortages. Meanwhile, NBCC secured ₹131 crore worth of projects, Zydus acquired Assertio for ₹1,592 crore, Bajel Projects won ₹500 crore Power Grid orders, and Lupin received USFDA approval for Famotidine Injection.

Today, Bajaj Hindusthan Sugar experienced a significant rise of 9.93%, reaching Rs 17.16, marking a notable lead in the 'A' group on the Bombay Stock Exchange. A surge in trading volume to 15.96 lakh shares indicates strong investor interest, although no clear trigger for this increase has been identified.