Balkrishna Industries Ltd. announced that its finance committee approved the issuance of up to Rs 550,00,00,000 in rated, listed, unsecured, redeemable, non-convertible debentures in three series to eligible investors, with tenures of 1 year, 11 months and 29 days, 3 years, and 4 years, and coupon rates of 7.35%, 7.38%, and 7.40% respectively. The debentures will be listed on the BSE Limited.