Bajaj Finance Limited — QIP/Rights/Pref., 07-05-2025: Issue of Securities
07-05-2025 | 12:03 pm
07-05-2025 | 12:03 pm
Bajaj Finance has raised Rs. 736.05 crore through secured redeemable non-convertible debentures issued via private placement. The issue consists of 2,365 NCDs at Rs. 10 lakh each and 50,000 NCDs at Rs. 1 lakh each, offering coupons of 7.02% and 7.38% p.a. with annual interest payments, maturing in 2030-31. These NCDs will be listed on BSE’s Wholesale Debt Market. Funds are expected to support business operations, including debt servicing and growth initiatives.
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