Bajaj Finance has allotted 1,14,076 Secured Redeemable Non-Convertible Debentures (NCDs) aggregating Rs 1,152.64 crore on a private placement basis. The Debenture Allotment Committee approved the issuance at a meeting held on July 23, 2026. The NCDs carry a coupon rate of 7.93% per annum, providing a fixed return to investors over the tenure of the instrument.

The issuance details were submitted to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The NCDs have a face value of Rs 1 Lakh each and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The allotment represents a re-issue with the ISIN INE296A07T20.

The instruments have a residual tenure of 1,055 days and are set to mature on June 12, 2029. Interest payments are scheduled annually, with the first coupon payment due on June 12, 2027. The repayment of principal, interest, and all other monies related to the debentures are secured by a first pari-passu charge on the company's book debts and loan receivables. The security cover is stipulated to be not less than 1.00 times the aggregate outstanding value of the debentures issued.

The company confirmed that there are no special rights, interests, or privileges attached to the instrument. Additionally, there is no delay in the payment of interest or principal amounts exceeding three months from the due date, nor are there any pending comments from regulators regarding payment defaults. The debentures are redeemable at maturity.

Bajaj Finance witnessed significant block trade activity across both major exchanges, with transactions recorded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The combined value of the two trades stood at ₹186.77 crores, reflecting sustained institutional interest in the financial sector counter.

Block Trade Details

The following table summarizes the key parameters of both block trades:

Block trades of this magnitude are typically executed by institutional investors and are carried out outside the regular market order book to minimize price impact. The transactions in Bajaj Finance across both exchanges underscore the continued attention that large market participants direct toward prominent financial sector counters.