Bajaj Hindusthan Sugar Limited has formally announced its board meeting schedule for the approval of third quarter financial results for the financial year 2025-26. The company issued an official notice on February 03, 2026, informing stock exchanges about the upcoming corporate governance proceedings.

Board Meeting Details

The board of directors meeting has been scheduled for Thursday, February 12, 2026, and will be conducted through audio-visual means. The primary agenda focuses on taking on record and approving the unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025.

Regulatory Compliance

The notice has been issued pursuant to Regulation 29 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This demonstrates the company's adherence to mandatory disclosure requirements for listed entities on Indian stock exchanges.

Audit Committee Proceedings

Prior to the board meeting, an Audit Committee meeting will also be held on the same date. The committee will discuss and review the quarterly financial results before they are presented to the board for formal approval. This sequential approach ensures proper governance and oversight of financial reporting processes.

Trading Window Restrictions

The company has implemented trading window restrictions in accordance with its "Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders." The trading window for designated persons has been closed since January 01, 2026, and will continue to remain closed until 48 hours after the announcement of the unaudited financial results.

The notice has been made available on the company's official website at www.bajahindusthan.com and has been communicated to both BSE Limited and National Stock Exchange of India Limited for appropriate dissemination to all stakeholders.

Bajaj Hindusthan Sugar Limited , one of India's largest integrated sugar producers, has reported a wider net loss for the second quarter, despite maintaining stable revenue figures.

Financial Performance

For the quarter ended September 30, Bajaj Hindusthan Sugar reported:

The company's consolidated net loss widened to ₹1.05 billion compared to a loss of ₹750.00 million in the same period last year, representing a 40% increase in losses. This deterioration in profitability occurred despite revenue remaining flat at ₹11.60 billion.

Operational Challenges

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) turned negative, with a loss of ₹539.00 million, compared to a gain of ₹10.00 million in the prior year quarter. This significant swing in EBITDA indicates substantial operational challenges faced by the company during the quarter.

Segment Performance

The sugar segment, which is the company's primary business, reported revenue of ₹10.94 billion for the quarter. The distillery segment contributed ₹510.00 million, while the power segment added ₹171.00 million to the total revenue.

Debt Resolution and Future Outlook

Bajaj Hindusthan Sugar has submitted a comprehensive resolution plan for the unsustainable portion of its debt to the consortium of lenders, which is currently under active consideration. The company's management believes that upon implementation, this plan is expected to reduce financial stress and enhance long-term viability.

The company has also discharged its Optionally Convertible Debentures (OCDs) related financial obligations due up to March 31, 2025, demonstrating its commitment to meet debt servicing requirements.

Industry Scenario

The sugar industry has shown signs of improvement recently, supported by stable domestic sugar prices and the Government of India's ethanol blending program. Policy initiatives allowing diversion of sugarcane juice and syrup towards ethanol production are expected to mitigate the risk of surplus sugar stocks and improve the long-term sustainability and profitability of the sector.

Conclusion

While Bajaj Hindusthan Sugar faces significant challenges, as evidenced by its widening losses and negative EBITDA, the company's management remains optimistic about its future prospects. The ongoing debt resolution process and favorable industry trends could potentially support the company's turnaround efforts in the coming quarters.

Investors and stakeholders will be closely watching the company's performance in subsequent quarters to assess the effectiveness of its strategic initiatives and the impact of broader industry dynamics on its financial health.