Loan & Debt14 Jul 2026, 08:40 pm
Ballarpur Industries Approves ₹100 Cr NCD Issuance
AI Summary
Ballarpur Industries Ltd announced 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 crore. The NCDs will be issued on a private placement basis with a tenure of 3 years. The coupon offered is 0% with a 9% IRR on redemption premium. These debentures are unsecured and will 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 approved issuance of ₹100 crore in NCDs.
- NCDs are listed, rated, unsecured, and on private placement.
- Debentures have a 3-year tenure with 0% coupon and 9% IRR.
- Funds will be raised via private placement in one or more tranches.
- NCDs will be listed on BSE and NSE.
Price Impact
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