Bajaj Housing Finance Limited — QIP/Rights/Pref., 01-07-2025: Issue of Securities

Bajaj Housing Finance has issued 1,00,000 secured redeemable non-convertible debentures (NCDs) at ₹1,00,000 each, raising ₹1005.79 crore via private placement. The NCDs carry a 7.02% annual coupon, with interest paid annually starting May 2026, and mature in May 2028. These debentures will be listed on BSE’s Wholesale Debt Market segment and are secured by a charge on book debts/loan receivables. Proceeds are likely intended for general financing needs, though specific use isn’t mentioned. This offer targets institutional investors given the private placement nature.