Bajaj Housing Finance Limited has published newspaper advertisements on 13 March 2026 regarding its postal ballot notice for the appointment of Shri Ajay Kumar Choudhary as an Independent Director. The advertisements were published in Financial Express (all editions) in English and Kesari (Pune edition) in Marathi, following the company's earlier postal ballot notice dated 2 February 2026.

Advertisement Publication Details

The company submitted intimation to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the newspaper advertisement publication. The advertisements inform shareholders about key aspects of the postal ballot process.

Postal Ballot Notice Information

The advertisements provide comprehensive information about the postal ballot process, including details about the proposed appointment and voting procedures. The notice seeks approval for appointing Shri Ajay Kumar Choudhary (DIN: 09498080) as an Independent Director for a term of five consecutive years with effect from 1 March 2026.

Shareholder Communication Process

The advertisements emphasize that postal ballot notices have been sent via email to eligible shareholders. The company has provided detailed procedures for shareholders who need to register or update their email addresses with the depositories or registrar.

E-voting Facility and Process

The company has engaged KFin Technologies Limited to provide e-voting facilities to all shareholders. The advertisements inform about the electronic voting process and provide guidance for shareholders holding shares in both physical and dematerialized form.

Shareholders whose names appear in the Register of Members as on the cut-off date of Friday, 6 March 2026, are eligible to participate in the e-voting process. The voting rights will be reckoned based on the paid-up value of equity shares registered in shareholders' names as on the cut-off date.

Regulatory Compliance

The postal ballot process is being conducted in accordance with Sections 110 and 108 of the Companies Act, 2013, along with applicable rules and SEBI regulations. The company has made the postal ballot notice available on multiple platforms including the company website, stock exchange websites, and the registrar's e-voting portal.

The Board of Directors has appointed Sachin Bhagwat, Practicing Company Secretary, as the Scrutiniser to oversee the postal ballot process in a fair and transparent manner, ensuring compliance with all regulatory requirements.

Bajaj Housing Finance Limited has successfully allotted secured redeemable non-convertible debentures (NCDs) worth ₹503.42 crore on a private placement basis. The Debenture Allotment Committee of the company approved this significant fundraising initiative during its meeting held on March 2, 2026.

Debenture Allotment Details

The company has issued 50,000 NCDs with a face value of ₹1,00,000 each, aggregating to ₹503.4165 crore including discount and accrued interest. This represents a re-issue under ISIN INE377Y07623, indicating the company's continued access to debt capital markets.

Interest Rate and Maturity Structure

The NCDs offer an attractive coupon rate of 7.25% per annum with annual interest payment frequency. The debentures have a residual tenure of 1057 days and are scheduled to mature on January 22, 2029.

Security and Listing Details

The debentures are secured by a first pari-passu charge on book debts and loan receivables, with security cover equivalent to 1.00 times the aggregate outstanding value of debentures. The company has proposed to list these NCDs on the Wholesale Debt Market Segment of BSE Limited, providing liquidity options for investors.

Corporate Governance

The Debenture Allotment Committee meeting commenced at 12:00 noon and concluded at 12:20 p.m. on March 2, 2026. The allotment was formally communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This successful NCD allotment demonstrates the company's ability to raise funds through debt instruments while maintaining attractive terms for investors. The structured repayment schedule and security provisions provide additional comfort to debenture holders.