Loan & Debt30 Oct 2026, 02:51 pm
Bajaj Finance Allots ₹2,069.5 Cr NCDs on Private Placement
AI Summary
Bajaj Finance Ltd announced the allotment of 2,06,950 Secured Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹2,069.501 crore on a private placement basis. The Debenture Allotment Committee approved the allotment on October 30, 2026. The NCDs have tenures of 1134 days and 1826 days, with an annual interest rate of 8.70%. The debentures 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.
Key Highlights
- Allotted 2,06,950 NCDs worth ₹2,069.501 crore.
- NCDs carry an annual interest rate of 8.70%.
- Debentures have tenures of 1134 and 1826 days.
- Secured by a first pari-passu charge on book debts.
- Proposed to be listed on BSE Wholesale Debt Market.
Price Impact
More from BAJFINANCE