Loan & Debt20 Aug 2026, 11:30 am
Bajaj Housing Finance Allots ₹750 Cr NCDs
AI Summary
Bajaj Housing Finance Ltd has announced the allotment of 75,000 Secured Redeemable Non-Convertible Debentures (NCDs) worth ₹750 crore on a private placement basis. The NCDs have a face value of ₹1,00,000 each, a tenure of 1,826 days, and an annual coupon rate of 7.79%. The maturity date is August 20, 2031. These 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. The allotment was approved by the Debenture Allotment Committee on August 20, 2026.
Key Highlights
- Allotted 75,000 NCDs worth ₹750 crore on private placement.
- NCDs carry a coupon rate of 7.79% p.a. with annual interest payments.
- Maturity date set for August 20, 2031 (1,826 days tenure).
- Debentures are secured by a first pari-passu charge on book debts.
- Proposed to be listed on the Wholesale Debt Market Segment of BSE.
Price Impact
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