Bajaj Finance Limited (BAJFINANCE) — Corporate Action

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📢 Key Event
Allotment of 200,000 secured NCDs worth Rs. 2,000.45 crores via private placement.

🔄 What Changed
Issued 200,000 NCDs at Rs. 1 lakh face value each, raising Rs. 2,000.45 crores with 7.92% coupon.

🔮 What's Next
None

💡 Investor Takeaway
This raises capital through debt without diluting equity, offering investors fixed returns but adding leverage.

Bajaj Finance announced the allotment of 200,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis, aggregating to Rs. 2,000.45 crores at a face value of Rs. 1 lakh each, with a 7.92% annual coupon payable annually over an 1826-day tenure maturing on 24 June 2031.

📄 View Original Announcement (PDF)

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