Loan & Debt12 Jun 2026, 02:44 pm
Bajaj Housing Finance Allots ₹2,034 Cr NCDs
AI Summary
Bajaj Housing Finance Ltd announced the allotment of 2,00,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis. The total issue size is Rs. 2,034.6788 crore, with a face value of Rs. 1,00,000 each. These NCDs carry an interest rate of 8.25% per annum, with a tenure of 1,810 days (residual) and a maturity date of May 27, 2031. 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 Rs. 2,034.6788 crore via NCDs on private placement.
- NCDs carry an 8.25% annual interest rate.
- Maturity date set for May 27, 2031.
- Secured by a charge on book debts/loan receivables.
- Proposed to be listed on BSE Wholesale Debt Market.
Price Impact
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