Bajaj Finance allots NCDs worth ₹2,000.45 crore at 7.92%

1 min read     Updated on 24 Jun 2026, 12:12 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Bajaj Finance allotted 2,00,000 Secured Redeemable Non-Convertible Debentures aggregating ₹2,000.45 crore on 24 June 2026. The NCDs carry a coupon rate of 7.92% per annum with a tenure of 1826 days, maturing on 24 June 2031. The issuance is secured by a first pari-passu charge on book debts and loan receivables.

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Bajaj Finance has allotted 2,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹2,000.45 crore through private placement. The Debenture Allotment Committee approved the issuance on 24 June 2026, securing funds at a coupon rate of 7.92% per annum to bolster its borrowing programme.

NCD Issuance Details

The key parameters of the NCD issuance are summarised below:

Parameter Details
Instrument Type Secured Redeemable Non-Convertible Debentures (NCDs)
Number of NCDs Issued 2,00,000
Total Issue Size ₹2,000.45 crore
Face Value ₹1 Lakh each
Coupon Rate 7.92% p.a.
Tenure 1826 days
Allotment Date 24 June 2026
Maturity Date 24 June 2031
Listing Wholesale Debt Market Segment of BSE Limited
ISIN INE296A07UA1

Security and Payment Structure

The debentures are secured by a first pari-passu charge on book debts and loan receivables. The security cover will not be less than 1.00 time the aggregate outstanding value of the debentures issued. Interest payments will be made annually on 24 June each year, starting from 24 June 2027 until maturity on 24 June 2031.

Historical Stock Returns for Bajaj Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.97%+3.26%+8.12%-2.02%+8.24%+64.73%

How will this ₹2,000.45 crore infusion impact Bajaj Finance's lending growth and asset quality in the upcoming fiscal year?

What does the 7.92% coupon rate indicate about the current cost of capital and investor sentiment towards NBFCs in India?

Will Bajaj Finance pursue similar debt instruments or explore alternative funding sources to meet its future capital requirements?

Bajaj Finance announces 39th AGM to be held via video conferencing

1 min read     Updated on 24 Jun 2026, 01:35 AM
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Reviewed by
Naman SScanX News Team
AI Summary

Bajaj Finance Limited announced its 39th Annual General Meeting will be held via video conferencing on July 30, 2026, at 3:30 p.m. IST. The meeting complies with the Companies Act, 2013 and SEBI regulations. KFin Technologies Limited is the e-voting service provider, and shareholders must update details via Form ISR-1 or their Depository Participants.

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Bajaj Finance Limited has announced that its 39th Annual General Meeting (AGM) will be held through video conferencing and other audio-visual means. The meeting is scheduled for July 30, 2026, at 3:30 p.m. IST, in compliance with the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company intimated the stock exchanges regarding the publication of advertisements in newspapers on June 23, 2026. The advertisements appeared in the Financial Express (all editions) and Kesari (Pune edition) to inform shareholders about the meeting. The notice of the e-AGM and the Annual Report for FY2026 will be available on the company's website, as well as on the websites of BSE Limited and National Stock Exchange of India Limited.

Meeting Details and Access

The e-AGM will be conducted to transact the business listed in the notice convening the meeting. KFin Technologies Limited has been appointed as the e-voting service provider. The detailed procedure for remote e-voting and voting during the meeting will be provided in the Notice of e-AGM.

Key Information for Shareholders

Detail Information
Meeting Date July 30, 2026
Time 3:30 p.m. IST
Mode Video Conferencing / Other Audio-Visual Means
E-voting Service Provider KFin Technologies Limited

Shareholders holding shares in physical form must submit Form ISR-1 to update their email address or bank account details. Those holding shares in dematerialised form should update their details with their respective Depository Participants. For queries, members can contact einward.ris@kfintech.com or call the toll-free number 1800-309-4001.

Historical Stock Returns for Bajaj Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.97%+3.26%+8.12%-2.02%+8.24%+64.73%

What key agenda items are expected to be transacted during the 39th AGM?

How might the company's strategic focus shift in FY2027 based on the upcoming Annual Report?

What impact could the e-AGM format have on shareholder participation and voting trends?

More News on Bajaj Finance

1 Year Returns:+8.24%