Ballarpur Industries Limited disclosed the outcome of its Board of Directors meeting held on July 14, 2026. The disclosure is made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Board Approval
The Board of Directors approved the issuance of 100 Listed, Rated, Unsecured Non-Convertible Debentures (NCDs) through private placement. Each debenture has a face value of ₹1,00,00,000 (Rupee One Crore Only), aggregating to ₹100,00,00,000 (Rupees One Hundred Crore Only).
Instrument Details
- Type of Security: Listed, Rated, Unsecured Non-Convertible Debentures
- Issuance Type: Private Placement
- Total Number: 100 NCDs
- Face Value: ₹1 Crore each
- Total Issue Size: ₹100 Crores (Rupees One Hundred Crore Only)
- Issue Structure: To be issued in one or more tranches
- Listing: The debentures will be listed on BSE Limited and/or National Stock Exchange of India Limited
- Tenure: 3 years
- Date of Allotment: To be decided by the Board
- Coupon Rate: 0%
- Redemption Premium: 9% IRR on annual basis
- Security: Unsecured (no charge created over assets)
- Special Rights: Not Applicable
- Default History: Not Applicable (no delays in payment or defaults mentioned)
Meeting Details
The Board meeting commenced at 4:14 PM and concluded at 6:54 PM on July 14, 2026.