ALPHA TRIBE

Bajaj Housing Finance LimitedQIP/Rights/Pref., 10-07-2025: Issue of Securities

10-07-2025 | 12:35 pm

Bajaj Housing Finance has issued 1,00,000 secured redeemable non-convertible debentures (NCDs) at ₹1,00,000 each, raising ₹1001.87 Cr via private placement. The NCDs carry a 7.08% annual coupon, payable yearly starting June 2026, with maturity in June 2030. These debentures will be listed on BSE’s Wholesale Debt Market. The proceeds are secured by a charge on book debts/loan receivables. The funds are likely aimed at supporting the company’s financing activities, though specific use of proceeds wasn’t detailed.

No comments yet. Be the first to comment!

All announcements from Bajaj Housing Finance Limited