StockWatch
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Paper & Paper Products
Clarification15 Jul 2026, 08:10 pm

Ballarpur Industries Corrects NCD Face Value Error

AI Summary

Ballarpur Industries Ltd has issued a corrigendum to its previous disclosures regarding the issuance of Non-Convertible Debentures (NCDs). The company inadvertently stated the face value of each NCD as INR 1,00,00,000 (Rupees One Crore) and the number of NCDs as 100. The corrected disclosure clarifies that the face value of each NCD is INR 1,00,000 (Rupees One Lakh) and the total number of NCDs issued is 10,000. The aggregate issue size of INR 100,00,00,000 (Rupees One Hundred Crore) remains unchanged. This correction pertains to disclosures made on July 9, 2026, and July 14, 2026, concerning a Board of Directors meeting held on July 14, 2026.

Key Highlights

  • Ballarpur Industries corrects NCD face value and quantity in disclosures.
  • Face value corrected from ₹1 Crore to ₹1 Lakh per NCD.
  • Number of NCDs corrected from 100 to 10,000.
  • Aggregate issue size of ₹100 Crores remains unchanged.
  • Correction issued for disclosures dated July 9 and July 14, 2026.