Key Quantitative Figures

  • Total allotment: 2,06,950 NCDs
  • Face value per NCD: ₹1,00,000
  • Total issue size: ₹2,069.50 crore (including premium)
  • Option I: 80,750 NCDs aggregating ₹807.50 crore
  • Option II: 1,26,200 NCDs aggregating ₹1,262.00 crore
  • Coupon rate: 8.70% per annum for both options

Dates of Action

  • Meeting date: 30 October 2026
  • Allotment date: 30 October 2026
  • Meeting time: 14:30 to 14:45 hours
  • Option I maturity: 07 December 2029 (1134 days tenure)
  • Option II maturity: 30 October 2031 (1826 days tenure)

Parties Involved

  • Issuer: Bajaj Finance Limited
  • Decision-making body: Debenture Allotment Committee of the Company
  • Stock exchange for listing: BSE Limited (Wholesale Debt Market Segment)

Instrument Details

  • ISIN Option I: INE296A07UI4 (Fresh Issue)
  • ISIN Option II: INE296A07UH6 (Fresh Issue)
  • Security: First pari-passu charge on book debts/loan receivables
  • Security cover: Not less than 1.00 times the aggregate outstanding value of debentures
  • Redemption: Both options redeemable at maturity
  • No special rights, privileges, or defaults applicable

Payment Schedule

Option I Coupon Payments:

  • 07 December 2026 (First payment)
  • 07 December 2027
  • 07 December 2028
  • 07 December 2029 (Principal + final interest)

Option II Coupon Payments:

  • 30 October 2027
  • 30 October 2028
  • 30 October 2029
  • 30 October 2030
  • 30 October 2031 (Principal + final interest)