Bajaj Auto Credit issues ₹500 crore NCDs via private placement

Bajaj Auto Limited’s wholly owned subsidiary, Bajaj Auto Credit Limited, has allotted 50,000 secured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis. The Debentures Issuance and Allotment Committee of the Board of Directors of Bajaj Auto Credit Limited approved the allotment in a meeting held on June 19, 2026. The NCDs carry a face value of ₹1,00,000 each, aggregating to a total issue size of ₹500,19,55,000. Bajaj Auto Limited received the intimation regarding the issuance, allotment, and listing on June 23, 2026, at around 17:23 p.m., pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The NCDs have been listed on the National Stock Exchange of India Ltd. (NSE) with effect from June 23, 2026.

Key Details of the NCD Allotment

The following table outlines the key parameters of the NCD issuance:

Parameter:	Details
Number of NCDs Allotted:	50,000
Face Value per NCD:	₹1,00,000
Total Issue Size:	₹500,19,55,000
Nature of Issue:	Private Placement
Type of Instrument:	Secured, Rated, Listed, Redeemable, Non-Convertible Debentures
Listing Date:	June 23, 2026
Exchange:	National Stock Exchange of India Ltd. (NSE)

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.95%	-1.98%	-6.70%	+7.34%	+17.50%	+132.87%

Bajaj Auto has disclosed that it experienced a ransomware attack affecting its company and subsidiary systems. The automaker confirmed that the incident has since been managed and that the matter has been reported to CERT — India's national nodal agency for responding to cybersecurity incidents — as a precautionary safety measure.

Ransomware Incident Overview

The company's disclosure highlighted that both Bajaj Auto's own systems and those of its subsidiaries were impacted by the ransomware attack. The following key details were outlined in the announcement:

Parameter:	Details
Incident Type:	Ransomware Attack
Systems Affected:	Company and Subsidiary Systems
Current Status:	Incident Managed
Regulatory Notification:	Notified to CERT as a Safety Measure

Regulatory Notification

As part of its response, Bajaj Auto notified CERT in line with standard cybersecurity protocols. The notification to CERT underscores the company's adherence to regulatory obligations surrounding cybersecurity incident reporting in India. The company characterized the CERT notification as a safety measure, indicating a proactive approach to transparency with the relevant authorities.