Bajaj Auto Limited has informed the Exchange about General Updates - Regulation 30 Outcome of the Board Meeting of Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto Limited.
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Bajaj Auto has informed the stock exchanges about decisions taken at the board meeting of its wholly owned subsidiary, Bajaj Auto Credit Limited, on July 17, 2025. The subsidiary approved a fresh issuance limit of Non-Convertible Debentures (NCDs) of up to ₹5,000 Crores. It also enhanced the limit for issuing Commercial Papers to up to ₹3,000 Crores and approved a Subordinated Debt (Tier-2) issuance limit of up to ₹750 Crores. These measures are aimed at strengthening the financing arm's ability to raise funds for its lending operations, which primarily support vehicle financing for Bajaj Auto's customers.
This is a routine borrowing capacity expansion for Bajaj Auto's NBFC subsidiary and does not directly impact Bajaj Auto's standalone financials. It signals continued growth ambition in the financing arm, which supports vehicle sales, but carries no immediate material effect on the parent company's stock price.