Balrampur Chini, Bajaj Hindustan deal has been called off after initial talks. Bajaj Hindustan was keen to acquire the entire 36.67% stake of the current promoters, the Kolkata based Saraogis.
Others like US-based BUNGE, Singapore-based Olam International and Tata & Lyle have also expressed interest in acquiring the promoter's stake in Blrampur Chini.
