BALKRISHNA INDUSTRIES LTD.-$

Balkrishna Industries Ltd announced its second interim dividend for FY 2026-27, amounting to ₹4 per equity share (200%). The Board of Directors approved this dividend during their meeting on November 4, 2026. The company also approved its unaudited financial results for the quarter and half-year ended September 30, 2026. The dividend payment will be processed within 30 days of declaration, with a record date set for November 11, 2026. The financial results showed consolidated revenue from operations of ₹5,935.51 Crores for the half-year ended September 30, 2026.

Balkrishna Industries Ltd announced its Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The Board of Directors approved the results and declared a second interim dividend of ₹4 per equity share (200%) for the financial year 2026-27. The dividend will be paid within 30 days from the declaration date to shareholders on record as of November 11, 2026. The company also reported its financial performance for the period, with limited review reports from statutory auditors enclosed.

Balkrishna Industries Ltd will hold a Board Meeting on November 4, 2026, to consider the unaudited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2026. The board will also decide on the declaration of a second interim dividend for FY 2026-27. If declared, the dividend will be paid to shareholders on record as of November 11, 2026. The trading window has been closed since October 1, 2026, and will reopen 48 hours after the results are announced.

Balkrishna Industries Ltd has announced that its Board of Directors will convene on November 4, 2026. The meeting agenda includes the consideration and approval of the unaudited financial results (Standalone & Consolidated) for the quarter and half-year ended September 30, 2026. Additionally, the board will decide on the declaration of a second interim dividend for the financial year 2026-27, if any. The trading window remains closed from October 1, 2026, until 48 hours after the results are disseminated.

Balkrishna Industries Limited (BKT) has announced a strategic partnership with Pirelli, aimed at expanding BKT's presence in the passenger tire segment. This collaboration leverages BKT's manufacturing capabilities to produce world-class tires. The agreement is expected to accelerate BKT's positioning in the Indian tire market and support the faster ramp-up of its on-road tire segment investments. The partnership is projected to contribute to BKT's 2030 vision, with a gradual ramp-up of tire supply to Pirelli, aiming for 8 lakh tires per year by 2030, starting from 2027. This initiative is part of BKT's ongoing expansion program.

Balkrishna Industries Ltd (BKT) and Pirelli have signed a strategic agreement for the production of Pirelli-branded premium car tyres in India. Initially, BKT will produce up to 800,000 Pirelli tyres annually by 2030 at one of its new plants, adhering to Pirelli's standards. The agreement also outlines a future 50-50 joint venture to establish a dedicated production plant for high-value car tyres, serving both Indian and international markets. This partnership aims to capitalize on India's rapidly growing automotive and premium tyre markets, leveraging Pirelli's technological leadership and BKT's local manufacturing capabilities. For BKT, this marks an expansion into the passenger car tyre segment, while for Pirelli, it strengthens its presence in a high-potential market.

Balkrishna Industries Limited (BIL) has entered into a Framework Agreement, an Offtake Agreement, and a Service Agreement with Pirelli Tyre S.p.A. The Framework Agreement outlines the terms for a future joint venture (JV) where BIL and Pirelli will each hold a 50% stake in a new Indian company to manufacture passenger car radial tyres under both Pirelli and BKT brands. The JV is expected to be incorporated by December 31, 2030, subject to conditions. The Offtake Agreement involves BIL manufacturing Pirelli-branded tyres at its Bhuj plant for sale to Pirelli. The Service Agreement allows Pirelli to provide technical support for BKT tyre testing. The Framework Agreement will expire upon the execution of the JV Agreement.

Balkrishna Industries Ltd has announced the closure of its trading window for all designated persons from October 1, 2026. This closure will remain in effect until 48 hours after the company's financial results for the quarter ending September 30, 2026, are made public. The company has advised all designated persons, as per its Code of Conduct, to refrain from trading in the company's securities during this period. This measure is a standard corporate governance practice to prevent potential insider trading.

Balkrishna Industries Ltd. has received an adjudication order from the Assistant Commissioner of CGST, Bhuj Division, on September 21, 2026. The order, issued under Section 74(1) of the CGST Act, 2017, relates to financial years 2021-22 and 2022-23. It confirms a demand of ₹1.05 Crores along with an equivalent penalty, stemming from the disallowance of input tax credit. The company asserts that there will be no impact on its financial, operational, or other activities and intends to contest the order at a higher appellate level.

Balkrishna Industries Limited's Finance Committee has approved the issuance of 55,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) aggregating up to ₹550 crore. The NCDs will be issued on a private placement basis in three series with tenures ranging from approximately 1 year 11 months to 4 years, carrying coupon rates from 7.35% to 7.40% p.a. This move is part of the company's previously intimated plan to raise funds through debt instruments.