Loan & Debt6 Nov 2026, 05:31 pm
Ballarpur Industries Allots ₹22.5 Cr NCDs on Private Placement
AI Summary
Ballarpur Industries Limited has announced the allotment of 2,250 Listed, Rated, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) with a face value of INR 1,00,000 each, aggregating to INR 22,50,00,000 (₹22.50 Crore). This allotment was made on a private placement basis through a circular resolution by the Board of Directors. This issuance is in continuation of previous allotments made on September 21, 2026, and November 02, 2026, as part of the company's approved issuance of NCDs up to INR 100 Crore.
Key Highlights
- Allotment of 2,250 NCDs worth ₹22.50 Crore completed.
- NCDs are listed, rated, unsecured, and redeemable.
- Allotment executed on a private placement basis.
- Part of a larger approved NCD issuance program up to ₹100 Crore.
Price Impact
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