Balkrishna Industries Limited has announced the Record Date for the redemption of its outstanding Commercial Paper (CP). The scheduled Record Date is set for March 12, 2026. This action pertains to the CP with Scrip Code 730801, which has a total redemption value of Rs. 100 Crores. Note holders must have their holdings registered by this date to be eligible for the final payment, as the maturity date for this instrument is March 13, 2026.
Commercial Paper Redemption Details Announced
Balkrishna Industries Limited has officially communicated the necessary procedural details regarding the upcoming redemption of its Commercial Paper. The company has fixed the Record Date to determine the entitlement of holders for the final redemption proceeds of the outstanding CP instrument.
Key Dates and Instrument Identification
| Instrument | Scrip Code | Maturity Date | Record Date |
|---|---|---|---|
| Commercial Paper | 730801 | 13/03/2026 | 12/03/2026 |
The instrument in question is identified by the ISIN Number INE787D14227. The date 12/03/2026 has been established as the Record Date, succeeding the issuance of this notification on March 5, 2026.
Purpose of the Record Date
The sole purpose of establishing this record date is for the Redemption of Commercial paper. The total amount slated for redemption under this specific tranche is Rs. 100 Crores. Shareholders and debt holders are advised to complete necessary transactions by this date to ensure they are correctly recorded for the redemption payment due on the maturity date, March 13, 2026.
Source: BSE
