Balkrishna Industries gets nod to raise Rs 750 crore via NCDs
The Finance Committee of the Board of directors at its meeting held on March 2, 2026, has considered and approved the issuance and allotment of the same
Balkrishna Industries has received approval for the issuance and allotment of 75,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face value of Rs 1,00,000 each aggregating up to Rs 750 crore in one or multiple tranches on private placement basis. The Finance Committee of the Board of directors of the company at its meeting held on March 2, 2026, has considered and approved the issuance and allotment of the same.
Balkrishna Industries is primarily engaged into specialty ‘Off Highway Tire segment’ which is consisting of agriculture, industrial, construction, earthmoving, mining, port, lawn and garden and All-Terrain Vehicle (ATVs) tires, etc.
