Balkrishna Industries completes final interest and redemption on NCDs

Balkrishna Industries (BSE: BALKRISIND) announced the successful payment of final interest and the 3rd and final redemption of the principal amount for its Unsecured, Redeemable, Non-Convertible Debentures (NCDs), in compliance with Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The interest payment, totaling INR 417.09 Lakhs (gross), was made on April 25, 2025, with the interest payment record date being April 11, 2025. The ISIN for the debentures is INE787D08021, with an initial issue size of INR 50,000 Lakhs. The final redemption of the principal amount, totaling INR 15,000.00 Lakhs, also occurred on April 25, 2025, bringing the outstanding amount of these NCDs to NIL. The last interest payment prior to this was on October 28, 2024.