Bajaj Finance Limited — QIP/Rights/Pref., 03-03-2025: Issue of Securities

Bajaj Finance has announced the allotment of 7,814 secured redeemable non-convertible debentures (NCDs) at a face value of ₹10 lakh each, aggregating to ₹776.52 crore, through private placement. The NCDs will carry an interest rate of 7.60% per annum, payable annually and upon maturity, with a tenure of 1806 days, maturing on 11 February 2030. These debentures are set to be listed on the Wholesale Debt Market Segment of BSE Limited. The funds raised are likely to enhance liquidity and support the company's financial strategy.