LIC invests Rs 5,000 crore in Bajaj Finance NCDs

Fund Raising View source PDF Explain this filing

LICI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹414.50

prior close

₹416.80

announcement price

After-mkt

timing

Nifty Midcap 150market-0.0%+0.5% vs market

Life Insurance peers, median of 5sector-0.7%+1.2% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Midcap 150 and 1.2 pts more than its Life Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.5

10m

-1.5

15m

-1.4

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5-0.0+0.5-0.7+1.2

Next day

+0.8+0.1+0.7-0.1+0.9

-0.8-1.1+0.2-2.1+1.3

-1.4-1.7+0.2-2.7+1.3

+0.3-1.2+1.5-3.1+3.4

+0.2-1.4+1.7-1.1+1.3

-0.9-1.8+0.9-4.3+3.4

15d

-3.5-2.9-0.6-0.6-2.9

-3.3-6.1+2.8-5.7+2.4

-5.6-10.4+4.8-19.2+13.7

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UpDownMarket · Nifty Midcap 150Sector · Life Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

LIC subscribed to 500,000 non-convertible debentures of Bajaj Finance on August 27, 2026. Each debenture has a face value and purchase price of Rs 100,000, taking the total investment to Rs 5,000 crore, paid through bank or RTGS. This is not a related-party transaction. Bajaj Finance will use the proceeds for lending, loan repayment, capital expenditure, working capital and other business purposes.

Likely market impact

Expands LIC's fixed-income portfolio. Coupon and expected returns are not disclosed, and the NCDs do not give LIC equity control.