Bajaj Auto Limited — QIP/Rights/Pref., 08-07-2025: Issue of Securities

Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto, has issued Commercial Paper worth Rs. 490 crores at a discount rate of 6.35%. The CP was issued and allotted on July 7, 2025, and will mature on December 5, 2025. Rated Crisil A1+, this is their first issue and is listed on the NSE. The proceeds are likely for short-term funding needs, typical for commercial paper, though the exact use isn’t specified.