Bajaj Finance has completed the allotment of Rs 500 crore worth of secured redeemable non-convertible debentures (NCDs) through private placement. The Debenture Allotment Committee of the company approved this issuance during its meeting held on February 12, 2026, which commenced at 11:45 a.m. and concluded at 12:10 p.m.

Debenture Issue Details

The company has allotted 50,000 NCDs at a face value of Rs 1 lakh each, aggregating to Rs 500.00 crore on private placement basis. The debentures have been assigned the ISIN INE296A07TT3 for this fresh issue.

Interest and Payment Structure

The NCDs offer an attractive coupon rate of 7.31% per annum. The first coupon payment is scheduled for February 12, 2027, followed by annual payments thereafter until maturity. The debentures are redeemable on maturity, providing investors with a clear exit strategy.

Security and Listing Details

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 times the aggregate outstanding value of debentures issued under this arrangement. This security structure provides additional protection to debenture holders.

The company has proposed to list these debentures on the Wholesale Debt Market Segment of BSE Limited, providing liquidity options for investors. The regulatory filing was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Compliance

The allotment process was completed in accordance with regulatory requirements, with the company secretary R. Vijay signing the disclosure document. The meeting details and all procedural aspects were properly documented and communicated to both BSE Limited and National Stock Exchange of India Limited as per listing obligations.

Bajaj Finance Ltd. has executed a significant block trade on the National Stock Exchange (NSE), marking a notable institutional transaction in the financial services sector.

Transaction Details

The block trade involved substantial volume and value, demonstrating institutional interest in the company's shares. The following table summarizes the key parameters of the transaction:

Block Trade Mechanism

Block trades represent large-volume transactions that are executed outside the regular market order book. These transactions are typically conducted by institutional investors, mutual funds, or other large stakeholders to minimize market impact while executing substantial volumes.

The execution price of Rs. 954.70 per share reflects the negotiated rate between the participating parties in this institutional transaction. Such trades provide an efficient mechanism for large investors to buy or sell significant quantities without affecting the stock's regular market price discovery process.

Market Significance

The transaction value of Rs. 119.86 crores represents a substantial institutional activity in Bajaj Finance shares. Block trades often indicate strategic portfolio adjustments by institutional investors and can provide insights into large investor sentiment regarding the stock.