Bajaj Finance Limited has informed the Exchange about issue of Securities
BAJFINANCE · price
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On the reaction day the stock moved 0.5 pts less than Nifty 100 and 0.3 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Bajaj Finance has raised Rs. 1,000 crore by allotting 1,00,000 secured redeemable NCDs at a face value of Rs. 1 Lakh each through a private placement on 30 July 2025. The debentures carry a coupon of 7.07% per annum, payable annually, with the first payment due on 21 September 2026. The tenure is 1,149 days (approximately 3.15 years), maturing on 21 September 2028. The instruments are secured by a first pari-passu charge on the company's book debts and loan receivables, with a minimum 1x security cover, and are proposed to be listed on BSE's Wholesale Debt Market segment. The Debenture Allotment Committee approved the issue in a meeting that lasted about 15 minutes.
This is a routine debt-raising exercise for the NBFC to fund its lending operations, with no equity dilution. The 7.07% coupon is a competitive borrowing rate, indicating strong investor confidence and continued access to debt markets. Shareholders are unlikely to see any direct impact on earnings or stock price from this issuance.