Ballarpur Industries has received approval for the issuance of upto 55 Unsecured Unlisted Non-Convertible Debentures Series -III (NCDs) of the company of face value of Rs 1,00,00,000 each, at par aggregating up to Rs 55 crore, in accordance with approved resolution plan on private placement basis. The Board of Directors of the Company at their meeting held on March 20, 2024, inter-alia, has approved the same.
Ballarpur Industries manufactures wide range of papers such as coated wood free, uncoated wood free, copy paper, packaging, business stationery, industrial grades and speciality and fine paper.
