Bajaj Finance Limited — QIP/Rights/Pref., 19-03-2025: Issue of Securities

Bajaj Finance has announced a board meeting to approve the allotment of 5,450 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis, totaling ₹542.74 crore. Each NCD has a face value of ₹10 lakh, with a coupon rate of 7.60% p.a., payable annually. The NCDs are slated for listing on the Wholesale Debt Market Segment of BSE Limited and will mature on 11 February 2030.

This move enhances liquidity and strengthens the company’s balance sheet, potentially increasing investor confidence. The robust structure and planned listing may present a positive outlook for future investor sentiment and financial position.