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Birla Corporation gets nod to raise Rs 200 crore via NCDs

10 May 2025 Evaluate

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.


Peers
Company Name CMP
Ultratech Cement 10866.75
Ambuja Cements 353.90
ACC 1142.20
Shree Cement 22385.55
Dalmia Bharat 1621.05
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