Board Meeting31 Oct 2026, 05:00 pm
Birla Corp Approves Unaudited Financial Results & ₹250 Cr NCD Issuance
AI Summary
Birla Corporation Limited's Board of Directors met on October 31, 2026, to approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board also authorized the issuance of listed, secured/unsecured, redeemable Non-Convertible Debentures (NCDs) aggregating up to ₹2,500,000,000/- (₹250 Crore) on a private placement basis. The Managing Director & CEO has been empowered to finalize the issue size, terms, and conditions. The NCDs are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Company to issue NCDs worth up to ₹250 Crore.
- NCDs will be issued on a private placement basis.
- Issuance will be in one or more tranches.
- NCDs are proposed to be listed on stock exchanges.
Price Impact
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