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Balkrishna Industries raises ₹550 crore through non-convertible debentures on private placement basis.

PRIVATESep 03, 2026•5 days ago

Amount Raised

₹5.5 Billion

Round Type

Convertible Note

ManufacturingAutomotive

Description

Balkrishna Industries Limited has approved the allotment of 55,000 rated, listed, senior, unsecured, redeemable, non-cumulative, non-convertible debentures (NCDs) with an aggregate principal amount of ₹550 crore on a private placement basis. Each NCD holds a face value of ₹1 lakh and will be listed on BSE Limited, providing secondary market liquidity for bondholders. The issuance is divided into three distinct series, with Series I carrying a tenure of 1 year 11 months 29 days. The debentures have secured a high-grade investment rating and remain fully compliant with corporate borrowing limits under the Companies Act, 2013.

Company Information

Company

BKT

About

BKT is a tire manufacturing company that has renewed its partnership with GIANTS Software for the upcoming Farming Simulator 25, aiming to increase its presence in the virtual world and engage with younger generations.

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