Bajaj Auto Limited has informed the Exchange about issue and allotment of Commercial Paper by Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto Limited
BAJAJ-AUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto Limited, has issued and allotted Commercial Paper worth Rs. 490 crores. The issue was made on July 7, 2025, and will be redeemed on December 5, 2025, giving a tenure of about 5 months. The commercial paper carries a discount rate of 6.35% and has been assigned the highest short-term credit rating of CRISIL A1+. This is the first such issue by the subsidiary, and it has been listed on the NSE.
This is a routine short-term borrowing by Bajaj Auto's financing arm to fund its lending operations. The CRISIL A1+ rating signals strong credit quality and low default risk. There is no material impact on Bajaj Auto's equity shareholders, though it indicates the subsidiary is actively raising funds to support business growth.