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Board of Balkrishna Industries approves fund raising up to Rs 1000 cr

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Capital Market
Last Updated : Sep 25 2021 | 1:31 PM IST

At meeting held on 25 September 2021

The Board of Balkrishna Industries at its meeting held on 25 September 2021 has approved fund raising up to Rs 1000 crore through broader means of long-term finance which can be in the form of foreign currency bonds, Non-Convertible Debentures (NCD), external commercial borrowings and term loans in various currencies. These longterm borrowings may be secured or unsecured, rated or unrated, in one or more tranches/drawdowns, and in case of bonds or NCDs it may be listed or unlisted in one or more stock exchanges in India.

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First Published: Sep 25 2021 | 1:07 PM IST

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