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Bajaj Housing Finance LimitedQIP/Rights/Pref., 26-05-2025: Issue of Securities

26-05-2025 | 01:28 pm

Bajaj Housing Finance has raised ₹835.12 crore through a private placement of 83,500 secured redeemable non-convertible debentures (NCDs), each worth ₹1,00,000. These NCDs carry a 7.02% annual coupon, with interest paid yearly and principal at maturity after 1,096 days. The issue is backed by a charge on loan receivables and is planned for listing on BSE’s Wholesale Debt Market. The funds are likely aimed at supporting the company’s lending and growth activities.

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