Bajaj Finance Limited has successfully completed the allotment of secured redeemable non-convertible debentures (NCDs) worth ₹2004.31 crore through private placement. The Debenture Allotment Committee approved the allotment during its meeting held on 17 April 2026, which commenced at 01:00 p.m. and concluded at 01:30 p.m.

Debenture Issue Details

The company allotted 2,00,400 NCDs with a face value of ₹1,00,000 each, aggregating to ₹2004.31 crore. The debentures have been assigned the ISIN INE296A07TW7 and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.

Interest and Payment Structure

The NCDs offer a competitive coupon rate of 7.77% per annum with annual payment frequency. The structured payment schedule ensures regular income for investors over the three-year tenure.

Security and Listing Features

The debentures are secured by a first pari-passu charge on book debts and loan receivables. The security cover is maintained at not less than 1.00 time the aggregate outstanding value of debentures issued under this arrangement. This security structure provides additional protection for investors' interests.

The NCDs are redeemable on maturity and do not carry any special rights, interests, or privileges. The company has confirmed no delays in payment or defaults, and no special comments regarding payment matters have been reported.

Corporate Compliance

The allotment was conducted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all regulatory requirements for the private placement of secured debentures, ensuring transparency and adherence to market regulations.

Bajaj Finance Ltd. has recorded a significant block trade on the National Stock Exchange (NSE), with the updated transaction valued at Rs. 51.72 crores. The large-volume trade reflects institutional investor activity in one of India's leading non-banking financial companies.

Updated Transaction Details

The block trade executed on NSE involved substantial volume and value, indicating strategic institutional positioning. The following table summarizes the revised transaction parameters:

Market Implications

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These transactions are conducted outside the regular market mechanism to minimize market impact while facilitating substantial position changes. The execution price of Rs. 922.20 per share and the considerable volume of approximately 560,874 shares demonstrates the scale of institutional interest in Bajaj Finance.

About the Transaction

The Rs. 51.72 crore transaction represents a notable institutional activity in Bajaj Finance shares. Block trades of this magnitude often indicate strategic portfolio adjustments by large investors, fund rebalancing, or significant stake acquisitions or disposals by institutional players in the financial services sector.