StockWatch
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2/3 Wheelers
Loan & Debt23 Jun 2026, 06:00 pm

Bajaj Auto Credit Lists ₹500 Cr NCDs

AI Summary

Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto Limited, has successfully issued and listed Non-Convertible Debentures (NCDs) amounting to ₹500.1955 Crores on a private placement basis. The Debentures Issuance and Allotment Committee approved the allotment of 50,000 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures, each with a face value of ₹1,00,000. These NCDs were listed on the National Stock Exchange of India Ltd. (NSE) on June 23, 2026. This move by the subsidiary indicates a strategic approach to debt financing and capital raising.

Key Highlights

  • Bajaj Auto Credit Limited issued ₹500.1955 Cr in NCDs.
  • NCDs were listed on NSE on June 23, 2026.
  • Issuance was on a private placement basis.
  • Subsidiary's debt financing activity.