Bajaj Finance Allots ₹4,505 Crore NCDs; Shares Rise 4.84%

Mumbai, June 12: Bajaj Finance allotted secured redeemable non-convertible debentures aggregating ₹4,505.15 crore on a private placement basis, according to a regulatory filing submitted under SEBI (LODR) Regulations, 2015.

The company stated that the Debenture Allotment Committee at its meeting held on June 12, 2026 approved the allotment of 4,50,000 NCDs with a face value of ₹1 lakh each.

As per the disclosure, the issuance comprised two series of debentures listed on the wholesale debt market segment of BSE Ltd.

Under Option I, the company allotted 2,00,000 NCDs aggregating ₹2,000 crore carrying a coupon rate of 7.93% per annum with a tenure of 1,096 days. The debentures are scheduled to mature on June 12, 2029.

Under Option II, Bajaj Finance allotted 2,50,000 NCDs aggregating ₹2,504.25 crore carrying a coupon rate of 8.00% per annum with a tenure of 1,795 days. These debentures will mature on June 12, 2030.

According to the filing, the instruments are secured by a first pari-passu charge on receivables and related monies, subject to the stipulated security cover requirements.

Stock Market Snapshot

Bajaj Finance share price moved sharply higher following the company’s announcement regarding the allotment of secured redeemable NCDs.

As of 2:52 PM IST on June 12, 2026, shares of Bajaj Finance Ltd were trading at ₹912.65 on the NSE, up 4.84% from the previous close of ₹870.55.

The stock movement came as investors evaluated the company’s fundraising activity and liquidity position amid continued expansion across lending businesses.

The Bajaj Finance share price also reflected broader market optimism around financial services companies with diversified funding access and stable capital market participation.

Company Background

Bajaj Finance Ltd operates as a non-banking financial company with lending operations spanning consumer finance, SME lending, commercial lending, rural finance and wealth management.

The company regularly accesses debt capital markets through issuance of non-convertible debentures and other instruments to support funding requirements and business growth.

Private placement of secured NCDs remains a key funding avenue for large NBFCs seeking diversified borrowing profiles and long-duration capital.

Bajaj Finance continues to maintain a broad lending portfolio across retail and commercial customer segments in India.

Conclusion

The allotment of ₹4,505.15 crore worth of secured redeemable NCDs strengthens Bajaj Finance’s funding base and long-term borrowing profile.

The issuance across multiple maturities is expected to support the company’s financing requirements and lending operations over the medium term. Investors monitored the development alongside the company’s broader capital management and liquidity strategy.

Source:

• https://www.nseindia.com/get-quote/equity/BAJFINANCE/Bajaj-Finance-Limited
• https://nsearchives.nseindia.com/corporate/BAJFINANCE_12062026143239_Reg30_Intimation_of_allotment_of_NCD_290-14.pdf