Bajaj Finance Limited has successfully completed a significant debt fundraising exercise, allotting secured redeemable non-convertible debentures worth Rs 5,120.00 crore through private placement. The Debenture Allotment Committee of the company approved this allotment during its meeting held on 27 January 2026, which commenced at 12:15 p.m. and concluded at 12:30 p.m.

Debenture Issue Details

The company has allotted 5,120,000 NCDs with each debenture carrying a face value of Rs 1 lakh. The debentures offer an attractive coupon rate of 7.65% per annum, with the first coupon payment scheduled for 27 January 2027, followed by annual payments thereafter until maturity.

Redemption and Payment Schedule

The debentures feature a structured redemption schedule spread over multiple years, providing flexibility in repayment. The redemption will occur in three tranches, with the final maturity extending to 25 January 2036.

The coupon payment schedule includes annual payments starting from 27 January 2027 and continuing through 27 January 2033, with subsequent payments on 27 January 2034, 25 January 2035, and 25 January 2036.

Security and Listing Details

The debentures are secured by a first pari passu charge on book debts and loan receivables. For original investors, the security cover is maintained at 1.10 times, while for subsequent investors who acquire the debentures from original investors, the asset cover is 1 time. The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited, providing liquidity options for investors.

Corporate Compliance

This allotment has been completed 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 executed a substantial block trade on the National Stock Exchange (NSE), marking significant institutional trading activity in the financial services sector. The transaction involved a considerable volume of shares at a specific price point, reflecting active participation from large investors.

Block Trade Details

The NSE block trade encompassed key parameters that highlight the scale of the transaction:

Transaction Significance

Block trades typically involve institutional investors, mutual funds, or other large market participants executing substantial transactions outside the regular market mechanism. These trades are conducted to minimize market impact while facilitating large-volume transactions. The execution at Rs. 924.55 per share indicates the prevailing market conditions and investor sentiment toward Bajaj Finance shares.

Market Impact

The transaction value of Rs. 68.57 crores represents a significant monetary exchange in the financial services sector. Such block trades often provide insights into institutional investor behavior and can influence market perception of the underlying stock. The specific pricing and volume suggest calculated investment decisions by major market participants.