JLF to take Bajaj Hindusthan Sugar's loan account to S4A

Bajaj Hindusthan Sugar today said that the Joint Lenders' Forum decided that company's loan account will be taken up for consideration under 'scheme for sustainable structuring of stressed assets' (S4A).

Company says proposal for sale of its co-generation power business has been shelved.

Company says bankers shall evaluate and formulate resolution plan as envisaged in scheme for implementation.