Balkrishna Industries to Raise ₹750 Crore via NCD Issue in Three SeriesBalkrishna Industries to Raise ₹750 Crore via NCD Issue in Three Series

Introduction

Leading specialty off-highway tire manufacturer announced approval for raising funds worth ₹750 crore through issuance of non-convertible debentures on a private placement basis in three series.

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Share Price Movement of Balkrishna Industries Ltd:

On March 24, 2026, Balkrishna Industries Ltd opened at ₹2,129.00, up 4.41% from its previous close of ₹2,038.65. The stock reached a high of ₹2,129.00 (4.41%) and a low of ₹2,016.00. By 4:00 PM, it traded at ₹2,052.94, a 0.70% increase, with a market cap of ₹39,720.88 crore.

₹750 Crore NCD Issue Approved

The finance committee of Balkrishna Industries Limited at its meeting on March 23, 2026 approved the issuance of 75,000 rated, listed, unsecured, redeemable non-convertible debentures of face value ₹1,00,000 each. The aggregate principal amount is up to ₹750 crore on a private placement basis to eligible investors. The NCDs will be listed on BSE Limited.

The NCDs are issued in three series with varying tenures and coupon rates. Series I carries a 7.20% coupon with a 3-year tenure maturing on March 23, 2029. Series II offers 7.38% for 4 years maturing on March 22, 2030. Series III pays 7.55% for 5 years maturing on March 21, 2031. All three series have a date of allotment of March 23, 2026.

The company had initially intimated its plan to raise funds via NCD issuance on February 25, 2026. The debentures are unsecured with no charge or security created over company assets.

Stock performance of Balkrishna Industries Ltd.  for Period of 1 week, 6 months, and 1 year

Balkrishna Industries Ltd delivered a 1-week return of -5.15%, a 6-month return of -14.5%, and a 1-year return of -21.8%.

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Shareholding pattern of Balkrishna Industries Ltd.

Particulars	Jun 2025	Sep 2025	Dec 2025
Promoter	58.30%	58.30%	58.30%
FII	11%	10.70%	10.50%
DII	24.40%	24.70%	24.90%
Public	6.30%	6.30%	6.40%

About Balkrishna Industries Ltd.

Balkrishna Industries Ltd (NSE: BALKRISIND) is a leading manufacturer of specialty off-highway tires for agricultural, mining, construction, and industrial applications with approximately 5-6% global market share.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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