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 debentures will have a tenure of 3 years, with a 0% coupon and a 9% redemption premium (IRR on an annual basis). The issuance is unsecured and will be listed on BSE Limited and/or the National Stock Exchange of India Limited. The board meeting where this approval was granted took place on July 14, 2026.
Key Highlights
- Board approved issuance of NCDs worth ₹100 Crores.
- NCDs are listed, rated, unsecured, and on private placement.
- Debentures have a 3-year tenure with a 9% redemption premium.
- Issuance aims to raise capital through debt financing.
Price Impact
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