Bajaj Finance Allots ₹1,115 Cr Secured NCDs

Bajaj Finance Ltd has announced the allotment of 1,11,500 Secured Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹1,115 crore on a private placement basis. The NCDs have a face value of ₹1 Lakh each and a tenure of 1187 days, with a coupon rate of 7.78% per annum. The maturity date is November 9, 2029. These debentures are secured by a first pari-passu charge on book debts/loan receivables. The allotment was made by the Debenture Allotment Committee on August 10, 2026, and the NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.