Ballarpur Board to Consider Fund Raising & Investments on Oct 9

Ballarpur Industries Ltd has informed BSE that its Board of Directors will convene a meeting on Friday, October 09, 2026. The agenda includes considering and approving the borrowing and raising of funds through various permissible modes, such as Non-Convertible Debentures (NCDs), bonds, and term loans. The Board will also seek members’ approval for this through a Postal Ballot, as per Sections 179(3), 180(1)(a), and 180(1)(c) of the Companies Act, 2013. Additionally, the meeting will address seeking members’ approval via Postal Ballot for making investments, granting loans, and providing guarantees/security under Sections 185 and 186 of the Companies Act, 2013. The Board will also consider and approve the draft Postal Ballot Notice and authorize the constitution/reconstitution of various committees.