Bajaj Finance Allots ₹2050 Cr NCDs on Private Placement

Bajaj Finance Ltd has announced the allotment of 2,05,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size aggregates to ₹2050.0271 crore, with each NCD having a face value of ₹1 Lakh. These debentures carry a coupon rate of 8.07% per annum and have a tenure of 1294 days, maturing on March 25, 2030. The allotment was made by the Debenture Allotment Committee on September 8, 2026. The NCDs are secured by a first pari-passu charge on book debts/loan receivables and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.