Loan & Debt18 Sept 2026, 12:23 pm
Bajaj Housing Finance Allots ₹495.5 Cr NCDs
AI Summary
Bajaj Housing Finance Ltd has announced the allotment of 50,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis. The total issue size is Rs. 495.5344 crore, with each NCD having a face value of Rs. 1,00,000. These NCDs carry a coupon rate of 7.87% per annum and have a residual tenure of 3,608 days, maturing on August 4, 2036. The allotment was made by the Debenture Allotment Committee on September 18, 2026. The NCDs are secured by a first pari-passu charge on the company's book debts/loan receivables and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
Key Highlights
- Allotted 50,000 NCDs worth ₹495.53 crore via private placement.
- Coupon rate is 7.87% p.a. with maturity on August 4, 2036.
- NCDs are secured by a charge on book debts/loan receivables.
- Proposed to be listed on BSE Wholesale Debt Market Segment.
Price Impact
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