Balkrishna Industries has received approval for the issuance of 55000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face value of Rs 1,00,000 each, for an aggregate principal amount of up to Rs 550 crore on a private placement basis, in three series to certain eligible investors permitted to invest in the NCDs under applicable laws. The finance committee of the board of directors of Company, in its meeting held on September 3, 2026, has approved the same.
Balkrishna Industries is primarily engaged into specialty ‘Off Highway Tire segment’ which is consisting of agriculture, industrial, construction, earthmoving, mining, port, lawn and garden and All-Terrain Vehicle (ATVs) tires, etc.
