Bajaj Finance Allots ₹2,050.27 Crore NCDs; Shares Fall 0.81%

Mumbai September, 09: Bajaj Finance Limited has allotted 2,05,000 secured redeemable non-convertible debentures worth ₹2,050.27 crore through a private placement, carrying an annual coupon of 8.07%.

As per the regulatory filing, the company’s Debenture Allotment Committee approved the allotment of 2,05,000 secured redeemable NCDs on September 8, 2026.

Each NCD carries a face value of ₹1 lakh, with the total issue amount aggregating to ₹2,050.27 crore. The securities have been issued through private placement and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.

The NCDs carry an interest rate of 8.07% per annum and have a tenure of 1,294 days from the allotment date. Their scheduled maturity date is March 25, 2030.

Stock Market Snapshot

The Bajaj Finance share price was trading at ₹1,045.60, down ₹8.50 or 0.81%, as of 9:34:36 AM IST on September 9, 2026, according to the market data shown.

The stock opened around ₹1,047 and remained under pressure through the early session. It moved within a relatively narrow range around ₹1,045 to ₹1,048 at the latest available timestamp.

The shares were trading below the previous closing level as investors assessed the broader market and the latest company disclosure.

NCDs Carry 8.07% Annual Coupon

The newly allotted securities will pay interest at 8.07% per annum. Bajaj Finance has scheduled the first coupon payment for March 25, 2027, with subsequent coupon payments due annually.

The principal is scheduled to be redeemed on March 25, 2030, when the NCDs mature.

According to the filing, repayment of the debentures, along with interest and other amounts payable, will be secured through a first pari-passu charge over specified book debts and loan receivables. The security cover will be maintained in line with the terms of the issue.

Private Placement Adds To Bajaj Finance’s Debt Funding

The latest allotment is part of Bajaj Finance’s access to the debt market for raising funds through structured borrowing instruments.

The company has issued the securities through private placement, while the NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE. The structure gives Bajaj Finance another source of funding alongside its other borrowing channels.

The filing does not indicate any special rights or privileges attached to the debentures. It also states that there are no applicable delays or defaults in payment of interest or principal.

Bajaj Finance Operates Across Multiple Lending Segments

Bajaj Finance is a diversified non-banking financial company with operations across consumer finance, commercial lending, SME finance and other lending segments.

Its funding requirements are linked to the expansion of its lending book and the company’s broader financial services operations. Debt securities such as NCDs form part of the funding mix used by financial institutions to raise capital from the market.

The latest ₹2,050.27 crore issuance therefore adds to the company’s debt funding base through secured instruments with a defined maturity and coupon structure.

Conclusion

Bajaj Finance has allotted 2,05,000 secured redeemable NCDs aggregating to ₹2,050.27 crore through a private placement.

The securities carry an 8.07% annual coupon, have a tenure of 1,294 days and are scheduled to mature on March 25, 2030. The first coupon payment is due on March 25, 2027, followed by annual payments.

The NCDs are secured by a first pari-passu charge over specified book debts and loan receivables and are proposed to be listed on the Wholesale Debt Market Segment of BSE.

On the equity market, the Bajaj Finance share price stood at ₹1,045.60 as of 9:34:36 AM IST on September 9, 2026, down ₹8.50 or 0.81% from the previous close.

Source:

• https://www.nseindia.com/get-quote/equity/BAJFINANCE/Bajaj-Finance-Limited
• https://nsearchives.nseindia.com/corporate/BAJFINANCE_08092026153623_REG30_Allotment_intimation.pdf