Bajaj Finance Limited (BAJFINANCE) — Corporate Action Announcement
📢 Key Event
Bajaj Finance allotted 450,000 NCDs worth Rs. 4,505.15 crores in private placement
🔄 What Changed
Rs. 4,505.15 crores aggregate face value of NCDs allotted
🔮 What's Next
Coupon payments begin 12 June 2027 and annually thereafter until maturity on 12 June 2031
💡 Investor Takeaway
Investors receive fixed interest income with security backed by first pari-passu charge on book debts
Bajaj Finance announced the allotment of 450,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis, with two tranches totaling Rs. 4,505.15 crores in aggregate face value. The NCDs carry a 10-year tenure, with coupon rates of 7.93% and 8.00% per annum payable annually starting June 12, 2027, and maturity on June 12, 2031. The securities are proposed for listing on the Wholesale Debt Market Segment of BSE Limited.
📄 View Original Announcement (PDF)
About Bajaj Finance Limited (BAJFINANCE)
Financial Services · Finance · Listed on NSE
Market Cap: ₹5,66,842.01 Cr
P/E: 30.9
ROE: 18.6%
ROCE: 22.4%
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.