Balkrishna Industries has informed that the meeting of the Board of Directors held on Saturday, the 25th September, 2021, the Board took the following decisions: Raising of funds up to Rupees One Thousand Crores through broader means of long-term finance which can be in the form of foreign currency bonds, Non-Convertible Debentures (NCD), external commercial borrowings and term loans in various currencies. These long-term borrowings may be secured or unsecured, rated or unrated, in one or more tranches/drawdowns, and in case of bonds or NCDs-it may be listed or unlisted in one or more stock exchanges in India and the Board has further delegated the Power to the Finance Committee of the Company to do all such acts, deeds and things as may be required in connection with the aforesaid and to take all others steps which may be incidental, consequential, relevant or ancillary in this connection. The meeting commenced at 11:02 am and concluded at 11: 28 am.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| MRF | 139772.66 |
| Apollo Tyres | 445.30 |
| CEAT | 3713.55 |
| Balkrishna Inds. | 2329.80 |
| JK Tyres & Inds. | 428.30 |
| View more.. | |
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