BILT tanks as loan repayment loomsBILT's total debts amounted to Rs 6,000 crore which it hopes to prune with the money raised from selling the Malaysian forest arm. The numb...
15 Mar, 2016, 04.06 PM IST
BILT yet to sell Malaysian forest arm; lenders keep close watch on Ballarpur IndustriesAbout six mutual funds are holding the bulk of these securities which are floated by companies to raise short-term debt.
15 Mar, 2016, 02.07 AM IST
Ballarpur Industries Limited to sell Malaysian subsidiary for $500 millionSabah Forest is 98.08% is owned by Ballarpur Paper Holdings BV, a Netherlands-based investment firm in which BILT owns a 69% equity stake.
25 Sep, 2015, 04.11 AM IST
Ballarpur Industries sells stake in Malaysian arm for $500 millionBallarpur Industries will used the proceeds from the proposed transaction to reduce its overall debt of about Rs 7,000 crore.
24 Sep, 2015, 03.17 PM IST
Ballarpur Industries shares surge over 8%In terms of volume, 21.81 lakh shares of the company changed hands at the BSE and over one crore shares were traded at the NSE during the d...
13 Jul, 2015, 07.25 PM IST
Ballarpur Industries ends 8% higher on divestment planBallarpur Inds rallied 8% after co said they had called for a meeting to consider and approve a binding offer received for divestment.
13 Jul, 2015, 04.21 PM IST
- Bilt Q2 net dips 68 pc at Rs 18.89 crore
Paper manufacturer Ballarpur Industries Ltd (Bilt) today said its consolidated profit after tax declined 67.93 per cent to Rs 18.89 crore.
07 Feb, 2012, 11.02 PM IST
- Ballarpur Industries' arm raises $200 mn in perpetual bonds
Raised at 9.75% per annum, the bonds have a call option in the fifth and 10th year, and at every distribution date thereafter.
06 Aug, 2011, 06.37 AM IST
- BILT mandates banks for $300 mn global bond sale
Ballarpur Industries Limited (BILT) has mandated RBS and HSBC to raise upto $300 million through a sale of bonds to global investors.
08 Jun, 2011, 12.20 PM IST
- India, Malaysia partnering towards success
Takes a look at the trade relations between India and Malaysia and the role it plays in shaping bilateral ties.
07 Sep, 2010, 04.31 AM IST
- Ballarpur Ind appoints JPMorgan, Citi to manage Dutch unit's listing
Avantha group flagship Ballarpur Industries (BILT) has appointed JPMorgan and Citigroup to handle the planned flotation of its Dutch unit B...
02 Jul, 2010, 01.25 AM IST
We're looking for $500 mn acquisitions: ThaparThe $3.5-billion Avantha Group is scouting for acquisitions for Crompton Greaves and BILT and will invest a further Rs 6,000 crore in its p...
19 Oct, 2009, 01.33 AM IST
- GIC & JP Morgan to acquire 21% stake in Ballarpur Paper Holdings
GIC, the investment arm of Singapore government, and JP Morgan are together picking up 21% equity stake in Ballarpur Paper Holdings, a Dutc...
22 Jan, 2008, 12.00 AM IST
- Ballarpur Ind net up 68% in June quarter
Ballarpur Industries (Bilt) has reported 67.7% increase in net profit for the quarter ending June’06. Net profit rose from Rs 40.5 crore to...
23 Aug, 2006, 12.15 AM IST
- Bilt to last, Thapar eyes the future
It was not so long ago that Ballarpur Industries (Bilt) was cited as a case study on how family-owned businesses have failed to keep pace w...
17 Jun, 2006, 12.01 AM IST
- Bilt buys Malaysia's SFI for $261mn
Ballarpur Industries (Bilt) is acquiring Malaysia’s largest pulp and paper company, Sabah Forest Industries (SFI), in a deal worth $261mn.
06 Jun, 2006, 02.47 AM IST
- Ballarpur to acquire 97.8% stake of SFI
Ballarpur Industries Ltd has decided to acquire a 97.8 per cent stake in Malaysia-based Sabah Forest Industries (SFI) for $261 million.
05 Jun, 2006, 12.50 PM IST