Corrigendum to Board Outcome - NCD Issuance of Rs 100 Crore Corrected

Board & Shareholder Meetings View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ballarpur Industries issued a corrigendum to its July 14, 2026 board meeting outcome. The board approved issuing 10,000 listed, rated, unsecured NCDs of Rs 1 lakh each, totaling Rs 100 crore via private placement. Earlier filings incorrectly stated 100 NCDs of Rs 1 crore each, though total size remains unchanged. NCDs carry 0% coupon with 9% IRR redemption premium and 3-year tenure. To be listed on BSE or NSE.

Likely market impact

Correction only affects NCD count and face value. Total issue size unchanged at Rs 100 crore. No material change for investors.