BAJAJHFL

Allots Secured NCDs Worth ₹ 1001.87 Crore via Private Placement

Bajaj Housing Finance Limited (BHFL) announced the allotment of 1,00,000 Secured Redeemable Non-Convertible Debentures (NCDs). The NCDs have a face value of ₹ 1,00,000 each. The total amount raised through this private placement is ₹ 1001.87 crore. The allotment was approved by the Debenture Allotment Committee on 10 July 2025. The NCDs have an ISIN of INE377Y07573 and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The instruments have a residual tenure of 1798 days, with the date of allotment being 10 July 2025 and the maturity date being 12 June 2030. The coupon rate offered is 7.08% per annum, payable annually. The NCDs are secured by a first pari-passu charge on book debts/loan receivables, with a security cover equivalent to 1.00 time the aggregate outstanding value of the debentures. ------------------------------------------------------------------------------ Impact: Raising ₹ 1001.87 crore through NCDs can enhance the company's liquidity and support its growth initiatives, potentially leading to positive market reactions