Bajaj Finance Share Price in Focus; Allots ₹2,000.45 Crore NCDs Through Private Placement

Bajaj Finance has allotted secured redeemable non-convertible debentures (NCDs) worth ₹2,000.45 crore through a private placement, according to a regulatory filing dated June 24, 2026. The allotment was approved by the company's Debenture Allotment Committee during a meeting held on the same day. 

The issue comprises 2,00,000 NCDs with a face value of ₹1 lakh each. The debentures are proposed to be listed on the Wholesale Debt Market segment of BSE.  

NCD’s Maturity Scheduled for 2031 

The NCDs have a tenure of 1,826 days, with allotment taking place on June 24, 2026. The maturity date has been fixed as June 24, 2031. The company stated that the debentures will be redeemed on maturity. 

The instrument carries a coupon rate of 7.92% per annum. Interest payments will be made annually, with payment dates scheduled on June 24 each year from 2027 to 2031. 

Security Cover on Loan Receivables 

Bajaj Finance said the debentures will be backed by a first pari-passu charge on its book debts and loan receivables. The company added that the security cover will be maintained at not less than one time the aggregate outstanding value of the debentures issued under the placement. 

The filing noted that no special rights or privileges are attached to the instrument. It also stated that there have been no instances of delay or default in payment of interest or principal related to the issue. 

Regulatory Disclosure 

The company further informed the exchanges that there were no comments or observations regarding payment of interest, repayment of principal, or matters concerning the underlying security and assets linked to the debentures. 

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Bajaj Finance Share Price Performance  

As of June 24, 2026, at 2:57 pm, Bajaj Finance share price trading at ₹991.10, up 2.98% from the previous closing price. 

Conclusion 

The private placement resulted in the allotment of ₹2,000.45 crore worth of secured NCDs carrying a 7.92% annual coupon rate and a maturity period ending in June 2031. 

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