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Bajaj Finance LimitedQIP/Rights/Pref., 04-02-2025: Issue of Securities

04-02-2025 | 11:59 am

Bajaj Finance Limited has allotted 5,000 Secured Redeemable Non-Convertible Debentures (NCDs) at a face value of ₹10 Lakh each, aggregating to ₹532.55 crore on a private placement basis. The NCDs will bear a coupon rate of 7.60% per annum, with coupon payments scheduled annually and upon maturity on February 11, 2030. These debentures are intended for listing on the Wholesale Debt Market Segment of BSE Limited, providing potential investors with secured financing against book debts or loan receivables.

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