Bajaj Finance Limited — QIP/Rights/Pref., 10-12-2024: Issue of Securities

Bajaj Finance has announced the allotment of 1,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) at a face value of ₹1 Lakh each, totaling ₹1,000 crore through private placement. The NCDs have a tenure of 836 days, maturing on 26 March 2027, with a coupon rate of 7.7215% per annum. The first interest payment is scheduled for 26 March 2025, followed by annual payments. These debentures are intended to be listed on the Wholesale Debt Market Segment of BSE Limited, providing investors with secured access to fixed income.