Balkrishna Industries Limited has informed the Exchange regarding 'Regulation 17 of SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 read withSEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025 for issueand listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal DebtSecurities and Commercial Paper, please find enclosed herewith the statement (Annexure I) containing the detailsof debt securities as on 31st March, 2026'.
BALKRISIND · price
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Balkrishna Industries Limited has filed its half-yearly debt securities statement showing Rs. 750 crores of debt currently outstanding. The company recently issued three series of Non-Convertible Debentures (NCDs) on March 23, 2026: Series I (Rs. 270 crores at 7.20% coupon, maturing 2029), Series II (Rs. 270 crores at 7.38%, maturing 2030), and Series III (Rs. 210 crores at 7.55%, maturing 2031). Two Commercial Papers totaling Rs. 200 crores that matured in March 2026 have been fully redeemed on their due dates, as indicated in the filing. The company maintains an unsecured, rated, listed NCD structure with annual coupon payments.
The filing indicates Balkrishna Industries has successfully refinanced short-term commercial paper debt into longer-term NCDs, extending its debt maturity profile. All debt obligations are being serviced on time, which is positive for creditor and equity holder confidence. The Rs. 750 crore debt outstanding represents a manageable liability structure for the tyre manufacturing company.