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bflJqj s.,GARJune 14, 2019
ToSBICAP Trustee Company Ltd.Appejay House, 6h Floor3, Dinshaw Wachha Road,Churchgate,Mumbai 400020
Sub.: Submission of Quarterly compliances for the period from l'r January 2019 to 31't March2019 with regard to the OCDs aggregating to Rs.3483.25 crores.
Dear Sir,
with reference to your letter Ref. No. I I0/SBICTCLIDT 12019-20 dated 96 Aprit, 2019 on the above
subjec! please find the required information/ certificates as follows:
L Updated list of the names and addresses of the Debentureholders with respective ISIN as on
June 07, 2019 is attached as Annexure 1.
2. Confirmation from Auditors that there is no default in respect of payment of Interest/principal
on debenture during the quarter ended 3l"t March,2019 is attached as Annexure 2.
3. Information regarding Debentureholder's complaints/grievances in the following format:
a. Complaints pending at the end ofthe previous quarter: NILb. Complaints received during the Quarter (give full details of each complaint): Not
applicable.c. Nature ofcomplaints: Not applicabled. Complaints resolved during the quarter: NILe. Reasons for pending /unresolved complaints: NILf. Average time taken to resolve the each complaint: NIL
4. We hereby confirm that the secured propenies are adequate to discharge the due repayment for
the debentures that is interest and redemption amount.
5. Updated credit ratings letter dated April 02, 2018 already provided vide our letter dated August
28, 2018. No credit rating was obtained thereafter.
6. Details of Insurance policies are attached as Annexure 3. Copies already provided vide our
lefter dated August 28, 201 8.
7. There is no change in composition of Board during the quarter ended March 31, 2019'
8. certificate from Statutory Auditors certifying that security cover and debt / Equity Ralio is
attached as Annexure 4.
9. The Debentures (ocDs) were issued as per stipulations under lestructuring scheme (s4A); and
were against the conversion ofexisting loan into debentures (part B)'
Thanking you,
Yours faithfullyFor Bajaj Hindusthan Sugar Limited
Ko"^,\tr'. JAd Ut:3Kausik AdhikariDy. Company Secretary & Compliance Officer(Membenhip no. ACS 18556)
Enclo. as above
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Contd * 2,lr
BA]A] HINDIJSTHAN SI''GAR LIMITED SR-1 RR OCD 31T1R37 FVRS1OO
I5I N : INE3O6A08EV6 Page:2llEltBER'S INDEX OF NSDL/CDSL BENIFICIARY ofr'IERS AS Ott I 07/06/2979
SRL DP ID / CLIENT ID SECURITIES BET{IFICIARY fiI{ER iIA}1E
8 rN301355 70950506 17797871.
9 Ir{302603 70000179 13899375
tg rrd)o2u1 10000006 1r5684{19
11 rr{300870 toLoLT2A 8886061
t2 tN302437 2g@5246 T t t
13 rN300812 10488056 5230414
CANARA BANK.}T}IBAITREASURY & ITWESTMEI.IT DIVISIONINTEGRATED TREASURY WII'IG, 5TH FLOOR
CAMRA EANK BULDG C-14 6 BLOCK
BATDRA XURLA COTTPX BANORA E [,TitBAI&oo5tTELE tO22-26725a2L 26 F!J/1O22-26725,.33PTINGIRl: AAACC6106G
CORPORATION BATIK
CORPORATION BANK, GEI,IERAL ACCOT'i{T
IWESTIIENT DWISIO,I15 }IITTAL CHA'1BERS 1ST FLMR]'IARI}{AN POIilT NJI4BAIQOO27TELE iO2262668325 FrD(: 285 1715PAiIGIRI: AAACC7245E
I',CO BAN(TREASURY BRA}ICH
tro BA X Bt ILDII,IG}IEZZAI{INE FL@R359 DR D N ROAD
40000LTELE:66547305 FrrX:PAiIG I R1 : AAACU3 5518
FORT }IJ}TBAI
BAiIX OF BARODA
DG}I, BANX OF BAROOA
SPECIALIZED INTEGRATED TREASURY BR.
BST,4TH AND 5TH FLoOR,C-34 G-BLOCK
BANDRA XURLA CON4PLEX, MUI4BAI
400051f EIE | 6759250A/2570 / 2656 F,lJ{: 67592509PAIIGIRl : AAAC81534F
ITIDIAN OVERSEAS BAN(
TREASURY (DOI,IESTIC )CENTRAL OFFICE763 ANNA SALAICHENt,IAI
@ooo2TELE :8522875, 8528598 FA,\:8523372PAIIGIRl : AAACIl223l
BANX OF INDIATREASURY BRANCH, HEAD OFFICESTAR lrousE,Tth FLooR,c-5 'G' BLoCK
BANDRA XURLA CO}IPLEX,BANDRA EAST,IT'TIBAI&oo5t1 ELE 1 26526992/ 26528919 FAX : 25528954PAiIGIRl: A,AC80472C
Total Securities --> 348324626
Page 2
E3O5AEV6
BA]AJ HINDTJSTHAN SI.,GAR LIMITED SR-1 RR OCD 31I4R37 FVRS1OO
ISIN:INE3O6A08EV6 Page:1l,fEtlBER'S INDEX OF NSDL/CDSL BEi{IFICIARY OINERS AS Ut I g710612019
SRL OP ID / CLIENT ID SECURIIIES BENIFICIARY ONER NA},IE
1 ril303786 TOOOOO2! a@70461
2 rN300812 7050LO28 54569570
3 rN300812 10490813 35582168
4 t|dtoogTg to0oo949 28725254
5 13013800 0002589t 25775537
6 IN300450 13813593 25546299
STATE BAI{X OF INDIA5BI SG Global Secu. Senv, P. L.Jeevan Seva Extension 8ldg.Gn. Floor5.V. Road, Santacnuz I'lr,{' {8AI&o954TELE : 25105910 FrlX : 26108574PANGIRl: MACS8577X
PI'{]AB iIATIOiIAL BAN(TREAsURY DWISIOiI, PIIB PRAGATI TO.IER
5TH FLOOR, C-9, G- 8L0CXBANDRA KURLA CO}IPLEX
}X,I,IBAI
400051TELE |26723674 F tJ, | 25532670PAl6IRl: AMCm165G
ALLAHABAD BANK
FOREX Ct,f'l TREASURY }IA}IA6EI,IENT BRAI,ICH
ALLAHABAD BAIIX BLDG, III F LOOR
37, n MBAr SAI,IACHAR |rARG
FoRT, ti.mBAI400023PAI6IRl: AACCA8464F
CENTRAL BA}IK OF II{DIACENTRAL SANX OF INDIATREASURY DEPARTMENT,
C}IANDRAIIJXHI BUI LDIi'IG, MRI}IAN POINT,!r.,[,itBAr
ADOO2T
I ELE i28457 44, 2202997 6 F Mt 204947 5P/t ,lGIRl: AMCC2498P
BANK OF }IAHARASHTRA
TIBDAPEE]AY }OUSE,1ST FLOOR,
130, DR. V.B. GANDHT llARG,
FORT,IT,,I4BAI
400007TELE:9762818597 FrU:PANGIRl: AACCB0774B
IDBI BANK LIMITEDIDBI BANK LI}IITEDFAD IWEST},IENT CELL OTHERS
IDBI T0IIER l.ItC COi,iPLEX CUFFE PARADE
I.[.FtBAI40009sTELE | 65263506/ 66263514 FM|22782515PAi6IRl: AABCI8842G
ORIENTAL BAN( OF COI.ITIERCE
PLOT NO.5, INSTITUTIONAL AREA,
sEcToR - 32, GURGAoN,
}iARYANA
L22001TELE iOL24- 4726259 / 68 F M|O724- 4126267PAI{GIR1: AAACOO19lM
7 r 300812 t949829L 25177925
Page 1
kNt[Exu Ri- z
CHATURVEDI BSHAHTLP
,6
Chortered Accountonts
w
To,
The Board ofDirectors,
Bajaj Hindusthan Sugar Limited,
Golagokamnath, LakhimPur K-heri,
Uttar Pradesh - 262 802
Indeoendent auditors certilica te with regard to no defaults in resDect of DaYment of interest
2
and / or orincioal to Debenture / Bond /.Fix ed Deposit holders
I
are corect,
Auditors' ResPonsibilitY
we, chaturvedi and Shah LLP , Chartered Accountants, are the Stahrtory Auditors of lvvs.
najaj Uindusthan Sugar Limitetl (hereinafter referred as "the Company''), having its
Registered olfice at Golagokaranath, Lakhimpur, Kleri and Uttar Pradesh-262802 for the
financial year 201 8-19.
The managernent of the Company has approached us to issue Certificate with regards to no
defaults in respect of payment of interest and / or principal to Debenhre / Bond / Fixed
Deposit holden.
Management's ResPonsibilitY
3. The preparation of the certificate is solely the responsibility of the Management of the
Comp*y.TheCompany'sManagemenrisresponsibleforthedesigning,implementingandmaintaining intemal iontrol relevant to the preparation and presentation of the Certificate and
applying an appropriate basis of preparation; and making estimates that are Ieasonable in the
circumstances.
4. The Management is also responsible for ensuring adherence that the details in the Certificate
5 Il is our responsibility fo examine the unaudited books of accounts and other relevant records
of rhe Comiany for the period April'2018 to March'2019 produced before us and to provide
a reasonable assurance wilh respect to above menlioned Certificate-
we conducted our examination in accordance with lhe Guidance Note on Reports oI
CertificatesforspecialPurposesissuedbythelnstituteofCharteredAccountantsoflndia'The Guidance Note requires that we comply with the ethical retluircmettts of the code of
Ethics issued by the Institute of Chartered Accountants of India'
6
7. We have comP lied with the relevant applicable requirements of the Standard on Quality
Control (SQC) 1, Quality Control for Firms that Perform Audits and Reviews of Historical
Financial Inform ation, and Olher Assnrance and Related Services Engag
Head otlice: 714-7'15, Tulsiani Chambers, 212, Nariman Point, Mumbai - 400 021, lndia Tel : +91 22 30
URL : www.cas.ind.in
Branches: r .. I Bengaluru | '" | '' '.r
ements
2'1 8595
CHATURVEDI EISHAH LLP
ws
Chorlered Accounlontsm
&
Opinion
8. Based on our examination as above, and information and explanation given to us by the
management of the Company, in our opinion,:
(D There are no oulstanding bonds and fixed deposits as on the date of issuing this
certificate.(ii) There is no default in respect of payment of Interest / principal on Optionally
Convertible Debentures ofRs 3483.24 Crores as appearing in books of accounts.
Restriction on Use
9. This certificate has been prepared at the request of the Company for the purpose ofsubmission to the Bajaj Energy Limited, which is in the process of filing documents with
NSE for obtaining their in - principle approval in connection with the ongoing fimd raising
activity in Bajaj Energy Limited. Chaturvedi and Shah LLP neither accepts nor assumes any
duty or liability for any other purpose or to any other pafly to whom our certificate is shown
or into whose hands it may come without our prior consent in writing.
For Chaturredi and Shah LLPChartered Accountants
Firm Regn. No. 101720W W100355
tr L^ryJ k-n r.-Lalit R Mhalsekar
Partn€r
Membership No:103418
Place: Mumbai
Date: April 10, 2019
UDIN No: 1 91 0341 8AAA ABZ47 64
Continuation sheet.
:,1}
t!.
ttUlr; Yo {LE6
BAJru HNDUSII'IAN SUGAR LIMITEOAllirulr:t
INSURANCE OETA]LS3l-D€c.10
Sl no t{arna ol h&r$c. ColIElnY ur{ Pdsv rd To,1 lendeli hdu! hsu.anc. Co. Ltd. GOLA,STAI,IOARO EIRE A SPECIAI- PERILS POLICY OUTSIDE GO DOWN) 01{st8 3&O+ t9
Fulur€ G6n6ralilndua hsuranca Co, Lld GOLA.STAN 01{+lE 31-0+r9,.nor€li hdua lnsu6nc. Co. td GOLA-INDI.] X 01-0+t8 31-0
:ulrr€ Ganoftd hdu! lnsu€n a Co. Lld PALIA,STANOARO FIRE & SPECIAI PERILS POLICY oL[sDE GO OOWN) 0r{{tt8 30{+19Futuro Gon€Gli hdu€ hsuranc€ Co. Lld PAIIA.INDI ]Y 01-0+lE 31-0!19 araaart a,2at
td 01,0+r8 31-0:ian€rali lndua lnsw€nco Co. Lld
.EC).STANOARD F|RE A SPECIAT PERILS POI.ICY 01{+10 31-0!19
3 Futrs G€oorat lndua lnsuan€ Co. Lld 1Gt2-t€ o+r2-19td KINNAUNI. TANDI,RO FIRE I SP 1Gt2-t0 0+r: -19
I Lrd KINNAUNI (ECOTEC) .STANOARD FIRE A SPECIA! PERILS POLICY 01-0+t8 31-O$19 426,101,122
Futu e G€n ralllndua lnsufanct Co. Lld a[atNoul iTRI,A! AIL RISK POLI( )Y 1012-t8 o+r2-'t9-ld AIAI,STAN ror2n0 09r: 19
5 Ltd SUOHANA.INDUSTRIAL If, L RISK POLICY rG12-te 0gi2-19lndua lnsuranco Co. Lld 1Gl2-tE 0+r2-19
6 Fuluro Gonarali lndu€ lnsu...rc€ Co. .ld THAI{A8,.IN )USTRI,AI ALI RISK PI 1G12-r8 oEfi 19THANAB, ,S]ANDARO FIRE & SPECI,AI PERILS POLICY ro12.t8 0912-ta
7 lndua lnsuranc. Co. Lld 01-0&iE 30-0+19Fulur6 G.noralilndu. lnslranca Co. Lld EARKHER.A. L 1Gl2-t8 0&r: 5 !43 !36,364
I .n6rEli hdu8 hsurE ca Co.l-lrl (HAMB, -SIANOARD FIRE & SPECIAL PERILS POLICY 014+r8 30-o{-19Fulurs Genorali lndua lnsuranco Co. Lrd 10.12.i8 09.12-19
I td -lN I 10-12-iE 0912-19i6n.6E lndo! lnsuranc. Co l-ld GAGNAULI .STANOARO EIRE I SPECIAL PERILS POLICY 0r-otr8 3GOa.19
10 Futur€ Gen€ral hdua lnsuranc. Co Lld 0t4+r8 31{}r9MAQSO,.INE L 01-0tt9 3t,ri -t9
11 ienoralllndua lftur6nc€ Co Lld PRATAPUR NNDUSTRIAL ALL RISK POI.ICY 0r{1.r9 3r-12.r9 2,432,t43 r35
i.n .au rndua rnsomnc. co. Lrd PRATAPUR .STANOAFO FIRE It SPECAI PEFILS POLICY 0i{1-r9 3r.12-19Futurs G.nlfal lndua lnsurE E Co Ltd RUDHAUTI TANDARD FIRE E SP tcY 0r{+r8 3t{}i9
RUOHAULI .INOUSTRIAL ATL RISK POLICY 01{1-t8 31,12-t! I r,211361 2$13 ianarEli lndua lnsuranc€ Co. Lld. KUNDARKI .INOUSTRIAL ALL RISK POLICY 0r{1-re 3r.12.i9
Fut s G.noralilndur lnsuanc. Co. Lld. KTJNOARKI I 014+t8 3r{}r9.ld. N I a PERILS 01{+t6 3r-01fl
14 o. Lld, UTRAULA.SIANOARD FIRE T SPECIAL PERILS POTICY 01-0+r8 3r,0119Futur€ Gon€ralilnilue lnstr8nc. Co. Ltd. 0t{1.r9 3r-12-19
0
I
firrnrrrlj rl;n
hut't 7xu rc- q
v$oI
I)atc; llJ'r' \41r. l0l 9
Lalit ll MhalsckarI)an ncr
Mcnrbcrship No 1034 I tl
llajaj I Ii ndusthan Sugar Limitcd
Statcntcnt of informalion rcquircd by thc SllICAl' 'l'rustcc Company Limitcd vidc lctlcr110/SBIC'rC L/l)T 12019-20 datcd 9th April,2019.
L Valuc of Securcd Asscts is Rs 11493. l8 crorc and sccurity covcragc Ilatio is 2.211 as on
3 I " March,2Ol 9.( As pcr Anncxurc 1)
2. 'l'he Cornpany's l)cbt Iiquity llatio is I .77 as on 3 l'' March,20l 9. ( As pcr Anncxulc 2)
l. In thc abscncc o[ adcqualc profit, t)rc Conrpany is not rcqLrircd to translcr a sLrl to
[)cbcnturc ILcdcmpliorr l{cscrvc.
,1. \ct prrliLl(loss) altcr'lax for thc quancr and ycar cndcd 31" \.4arch.20l9 is lls ].16.'icrorc and I{s (Gl.08) crorc rcspcctivcly.
5. l)arnings pcr Sharc l-or thc qua(cr and ycar cndcd il" March 2019 is Its 1.21 and lls
(0.58) rcspcctivcly. ( As pcr Anncxulc 3)
For Chaturvcdi and Shah LLI)Chancrcd Accountants
l;irm l{cgistralion No. 101720 W/ W100355
l'or llaiaj Ilinduslhan Sugar l,imitcd
\J*-l.o-A)ok Kumar Vaish(Chi;f If inrnciat officcr)
I)atc: 2ll'r' May.20I 9
6*
,
BAJAJ HINDUSTHAN SUGAR LIMITEO
Forming part of certificate dated May 28, 2019
Annex - |
Rs in Crore
7,390.0816.563.99
12.97
2,764 98108.88206.05
48 10
11.422,146.58
3.76779.81
)
AmountPartic u la rs
Property, plant and equiPmentCapital work-in-ProgressOther non-current financial assets
Other non-current asselscu rrent Assetslnventofleslnvestn'lentsTrade receivablesCash and cash equivaleJtsBank balancesLoans and advancesCurrent tax assets (net)
Other current assets
Non curre nt setsAssets
13,493.18Total
3.483.2 5
1.+ze.o+
DebtsSecured DebenturesBank Borrowin s
5 907.29Total B
2.2E=A/BAsset Cover Ratio ACR
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I
Annex - 3
Rs in CroreForming part of certificate dated May 28, 2019
&.09
oa
cA
ParticularsQuarter ended March31st,2019
Year ended lMarch
31st, 2019
Net profiv (loss) for the period after Tax (A)
Number of Equity Shares (B)
Basic/ Diluted Earning per Share = (AJB)
246.211,10,06,79,942 00
2.24
(64 08)1,10,06,79 942.00
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