Loan & Debt14 Jul 2026, 08:30 pm
Ballarpur Industries Approves ₹100 Cr NCD Issuance
AI Summary
Ballarpur Industries Ltd announced that its Board of Directors has approved the issuance of 100 Listed, Rated, Unsecured Non-Convertible Debentures (NCDs) with a face value of ₹1 Crore each, aggregating up to ₹100 Crores. The NCDs will be issued on a private placement basis. The tenure of the instrument is 3 years, with a 0% coupon and 9% redemption premium (IRR on an annual basis). The debentures are intended to be listed on BSE Limited and/or National Stock Exchange of India Limited. The board meeting took place on July 14, 2026.
Key Highlights
- Board approves issuance of NCDs worth ₹100 Crores.
- NCDs to be issued on a private placement basis.
- Debentures have a tenure of 3 years.
- 0% coupon with 9% redemption premium.
- NCDs will be listed on BSE and/or NSE.
Price Impact
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