Balkrishna Industries Debt & Borrowing: ₹550 Cr
Balkrishna Industries Limited approved the issuance of non-convertible debentures (NCDs) worth Rs. 550 Crore. The NCDs will be issued on a private placement basis in three series.
- Value
- ₹550.0 Cr
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Balkrishna Industries Limited approved the issuance of non-convertible debentures (NCDs) worth Rs. 550 Crore. The NCDs will be issued on a private placement basis in three series.
Balkrishna Industries' Finance Committee approved the issuance of non-convertible debentures aggregating up to ₹550 Crore on a private placement basis.
Balkrishna Industries Limited submitted its initial disclosure confirming it does not fall under the 'Large Corporate' framework for FY 2026. The company reported outstanding borrowings of ₹888.00 Crore as of March 31, 2026. It maintains a credit rating of AA+/Stable from CRISIL and CARE Ratings for its debt instruments.
Balkrishna Industries Ltd. disclosed its half-yearly statement of debt securities as of March 31, 2026. The company has three series of Unsecured Rated Listed Redeemable NCDs outstanding totaling ₹750 Crore. Additionally, ₹200 Crore in Commercial Paper was successfully redeemed on their respective due dates.
Balkrishna Industries Ltd submitted its half-yearly statement for debt securities as of March 31, 2026. The company has ₹750 Crore in outstanding non-convertible debentures across three series. Additionally, ₹200 Crore in commercial paper has been fully redeemed on their respective due dates.