Ballarpur Industries Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the allotment of Non-Convertible Debentures (NCDs).
Background and Previous Tranche
The company refers to its previous intimation dated July 14, 2026, where the Board of Directors had approved the issuance of Listed Rated Unsecured Redeemable Non-Convertible Debentures aggregating up to ₹100 crore on a private placement basis.
Subsequently, as intimated to the stock exchanges on September 21, 2026, the company had allotted 5,750 NCDs aggregating to ₹57.5 crore in the first tranche.
Current Allotment Details
In continuation of the previous issuance, the Board of Directors has allotted, by way of Circular resolution, 2000 Listed, Rated, Unsecured, Redeemable, Non-Convertible Debentures of face value ₹1,00,000 each, aggregating to ₹20 crore on a private placement basis.
Annexure A Disclosures
Type of Securities: Listed, Rated, Unsecured, Redeemable, Non-Convertible Debentures
Type of Issuance: Private Placement through online bidding process on BSE EBP Platform
Total Number of Securities: 2000 NCDs
Total Issue Amount: ₹20,00,00,000 (Twenty Crores Only)
Investor Details: The NCDs were allotted to Hardik Bharat Patel
Listing: The NCDs are proposed to be listed on BSE Limited (BSE)
Tenure: 3 years
Maturity Date: November 1, 2029
Coupon/Interest: Zero Coupon
Security/Charge: Not Applicable (Unsecured)
Special Rights/Privileges: Not Applicable
Default Provisions: In case of default (including delay) in payment of interest and/or principal redemption on due dates, additional interest at 2% p.a. over the Coupon Rate will be payable by the Issuer for the defaulting period
Payment History: None regarding payment/non-payment issues
Redemption Details: At the time of maturity
Purpose of Offer: Working capital requirement, repayment of existing borrowings, and Capex