Description
BSE announces listing of new debt securities by Bajaj Finance Limited on private placement basis with 7.07% interest rate.
Summary
BSE announces the listing of new debt securities issued by Bajaj Finance Limited on private placement basis, effective July 31, 2025. The securities carry a 7.07% annual interest rate and mature on September 21, 2028.
Key Points
- New debt securities of Bajaj Finance Limited listed on BSE Debt segment
- Issue quantity: 100,000 securities with market lot of 1
- Scrip Code: 976971, Scrip ID: 707BFL28
- ISIN Number: INE296A07TN6
- Credit Rating: CRISIL-AAA/STABLE
- Face Value and Issue Price: Rs. 100,000 each
Security Details
- Interest Rate: 7.07% per annum
- Interest Payment: Annually from September 21, 2026 to September 21, 2028
- Maturity Date: September 21, 2028
- Allotment Date: July 30, 2025
- Put/Call Option: Not applicable
Trading Requirements
- Securities will trade only in dematerialized form
- Tick size: 1 paise
- Trading members can refer to Placement Memorandum on BSE website
Important Dates
- Listing Date: July 31, 2025
- Allotment Date: July 30, 2025
- First Interest Payment: September 21, 2026
- Maturity Date: September 21, 2028
Impact Assessment
Minimal market impact as this is a routine private placement listing of high-rated corporate debt securities. The AAA rating indicates strong creditworthiness and the securities provide institutional investors with a fixed-income investment option.
Impact Justification
Routine debt security listing with limited market impact