Bajaj Auto Credit Ltd. Lists ₹500 Cr NCDs

Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto Limited, has successfully issued and listed Non-Convertible Debentures (NCDs) worth ₹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 INR 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 strategy to raise capital through debt instruments, likely to fund its operations or expansion plans.