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Bajaj Hindusthan - Wikipedia

From Wikipedia, the free encyclopedia

Bajaj Hindusthan Sugar Ltd

Formerly	Hindusthan Sugar Mills Limited (1931–1988)
Company type	Public
Traded as	BSE: 500032 NSE: BAJAJHIND
Industry	Sugar
Founded	23 November 1931; 93 years ago (1931-11-23)
Founder	Jamnalal Bajaj
Headquarters	Mumbai, Maharashtra , India
Area served	Uttar Pradesh
Key people	Kushagra Bajaj (chairman) Ajay Kumar Sharma (Managing Director) Sunil Kumar Ojha (CFO) Kausik Adhikari (Company Secretary) Prabhakar Chandra (Corporate Human Resources) Syed Masood Raza (SVP-S & M)^[1]
Products	Sugar, Ethanol, distillery and sugar byproducts
Revenue	₹6,104 crore (US$730 million) (2024)^[2]
Net income	₹−87 crore (US$−10 million) (2024)
Number of employees	7,314 (including 5,553 workers) (2024)
Website	www.bajajhindusthan.com

Bajaj Hindusthan Sugar Ltd. (BHSL) is a sugar producer in India, Asia's Number 1 and World's Number 4 integrated sugar company, it has an aggregated sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD), and alcohol distillation capacity of 800 kilo liters per day (KLD) across 14 locations in the north Indian State of Uttar Pradesh (UP). The company is a leader in the Asian and Indian sugar industry and is also one of the largest producer of green fuel ethanol in India.^[3]^[4]^[5]^[6]^[7]^[8]^[9] It is a member of Bajaj Group. The company is headquartered in Mumbai.^[10]

The site selected for the first plant was at Gola Gokarannath in district Lakhimpur Kheri in the Terai region of Uttar Pradesh (UP), an area rich in sugar cane. Another sugar plant with a cane crushing capacity of 1400 TCD was set up in 1972 at Palia Kalan, a large cane supplying centre about 70 kilometres from Gola Gokarannath.^[11]

Kushagra Bajaj is the Chairman of Bajaj Hindusthan Sugar Ltd.^[12]^[13]

History

The company was founded as Hindusthan Sugar Mills Limited by Jamnalal Bajaj in 1931. In 1988, it was renamed Bajaj Hindusthan Sugar Limited.^[14] Currently Bajaj Sugar has 16 Sugar Plant (14 Operational & 2 Non Operational) & 6 Molasses Based Distillery. 1. Gola Gokarannath , Dist Lakhimpur Kheri , Uttar Pradesh (Sugar & Distillery) 2. Palia kalan, Dist. Lakhimpur Kheri, Uttar Pradesh (Sugar & Distillery) 3. Kinauni , Dist. Meerut, Uttar Pradesh (Sugar & Distillery) 4. Khanbharkhera, Dist. Lakhimpur Kheri, Uttar Pradesh (Sugar & Distillery) 5. Gangnauli , Dist. Saharanpur, Uttar Pradesh (Sugar & Distillery) 6. Rudauli , Dist. Basti, Uttar Pradesh (Sugar & Distillery)

References

^ Board of Directors Chairman of Bajaj Hindusthan
^ "Bajaj Hindustan AR 2024" (PDF). Bseindia.com. Retrieved 20 August 2024.
^ "Bajaj Hindusthan back in black; posts Rs 69cr profit in Sep Qtr". The Economic Times. India. 16 December 2009. Retrieved 28 February 2010.
^ "Bajaj Hindusthan gains four per cent on BSE". The Economic Times. India. 24 December 2008. Retrieved 28 February 2010.
^ "REFILE-Farmers lay siege to Bajaj Hindusthan mill – paper". Reuters. 9 June 2008. Archived from the original on 3 March 2010. Retrieved 28 February 2010.
^ "Bajaj Hindusthan to pay only Rs 60/quintal for cane". Business Line. 22 October 2007. Archived from the original on 5 April 2010. Retrieved 28 February 2010.
^ Udayan Mukherjee. "Balrampur Chini to surge if Bajaj Hindusthan buys its stake – CNBC-TV18". Moneycontrol.com. Retrieved 28 February 2010.
^ "Bajaj Hindusthan eyes Balrampur mills; No. 2 global spot within reach – Corporate News". livemint.com. 30 October 2009. Retrieved 28 February 2010.
^ "Bajaj Hindusthan Q2 net drops 94% to Rs 3.66 crore". The Hindu. Press Trust of India. 24 April 2007. Archived from the original on 6 April 2010. Retrieved 28 February 2010.
^ "Bajaj Hindusthan". Business.mapsofindia.com. Retrieved 28 January 2011.
^ "Bajaj Hindustan Sugar Mills - Company History".
^ BSE India. Chairman of Bajaj Hindusthan
^ "Mr. Kushagra Bajaj is the Chairman of Bajaj Hindusthan". bajajhindusthan.com.
^ "70 companies with pre-1947 roots". Livemint. 24 August 2017.

External links

Official site

Bajaj Group

Subsidiaries
& divisions

Automotive	Bajaj Auto KTM (48%) Husqvarna Motorcycles
Financial services	Bajaj Finserv Bajaj Finance Bajaj Allianz Life Insurance Bajaj Allianz General Insurance
Consumer	Bajaj Electricals Bajaj Consumer Care
Other	Mukand Bajaj Hindusthan

People

Institutions

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