Bajaj Finance Limited — QIP/Rights/Pref., 17-04-2025: Issue of Securities

Bajaj Finance Limited has announced a board meeting regarding the allotment of 50,000 Secured Redeemable Non-Convertible Debentures (NCDs), each with a face value of ₹1 lakh, totaling ₹500 crore through private placement. The maturity of these debentures is set for June 26, 2028, and they carry a coupon rate of 7.3763% per annum, with interest payments scheduled annually starting June 26, 2026. The debentures are intended to be listed on the BSE’s Wholesale Debt Market Segment, providing potential liquidity to investors.