Birla Corporation has received approval for the proposal for issue of redeemable Non-Convertible Debentures (NCDs) aggregating upto Rs 200 crore on private placement basis in one or more tranches. The Board of Directors of the Company at its meeting held on May 9, 2025 has, inter alia, considered and approved the same.
Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.