Balkrishna Industries Limited has announced the Record Date for the upcoming redemption of its Commercial Paper (CP). The redemption involves CP worth Rs.100 Crores. The designated Record Date for this transaction is set for February 27, 2026. The maturity date for this specific series of Commercial Paper (ISIN: INE787D14219) is scheduled for March 2, 2026, confirming the timeline for the financial settlement.
Announcement of Record Date for Commercial Paper
Balkrishna Industries Limited has formally communicated the specific date required to determine the entitlement for the upcoming redemption of its Commercial Paper (CP). This announcement, dated February 23, 2026, is crucial for holders of the specified debt instrument.
Key Redemption Details
The following table summarizes the essential details pertaining to the redemption exercise for the Commercial Paper:
- Company: Balkrishna Industries Limited
- Scrip Code (CP): 730703
- ISIN Number: INE787D14219
- Total Value for Redemption: Rs.100 Crores
- Maturity Date: March 2, 2026
- Record Date: February 27, 2026
Purpose of Record Date
The primary Purpose of Record Date is the Redemption of Commercial paper of Rs.100 Crores. Shareholders and debenture holders are advised to take note of the February 27, 2026 date for necessary procedural actions related to the settlement of these outstanding commercial papers.
The formal communication regarding this matter was issued by Vipul Shah, Director & Company Secretary and Compliance Officer of Balkrishna Industries Limited.
Source: BSE
