Belrise Industries has received approval for raising of funds for an amount aggregating up to Rs 2000 crore by way of issuance of equity shares or any other equity-linked instrument as permissible under applicable laws by way of a qualified institutions placement (QIP). The Board of Directors of the Company, at its meeting held on May 24, 2026, has inter alia considered and approved the same.
Belrise Industries is an automotive component manufacturing company based in India offering a diverse range of safety critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles and agri-vehicles.