Description

BSE announces listing of three new debt securities issued by Bajaj Finance Limited on private placement basis, with tenures ranging from 3 to 10 years and interest rates between 7.07% to 7.45% p.a.

Summary

BSE has listed three new debt securities issued by Bajaj Finance Limited on private placement basis, effective October 17, 2025. The securities are rated CRISIL AAA/Stable and ICRA AAA/Stable, with face values of Rs. 1,00,000 each. The issuances include tenures of 3 years (2028), 5 years (2030), and 10 years (2035) with corresponding interest rates.

Key Points

  • Three new debt securities of Bajaj Finance Limited listed on BSE Debt segment
  • Total quantity: 187,500 debentures (50,000 + 62,500 + 75,000)
  • All securities allotted on October 15, 2025
  • Face value: Rs. 1,00,000 per debenture across all three securities
  • Market lot size: 1 unit for all securities
  • Credit ratings: CRISIL AAA/Stable and ICRA AAA/Stable
  • Trading only in dematerialized form
  • Tick size: 1 paise
  • No put/call options on any of the securities

Security Details

Security 1: BFL-7.45%-15-10-35-PVT

  • Scrip Code: 977219
  • ISIN: INE296A07TR7
  • Quantity: 50,000 debentures
  • Interest Rate: 7.45% p.a. (annual payment)
  • Issue Price: Rs. 1,00,000
  • Maturity Date: October 15, 2035 (10-year tenure)
  • Interest Payment Dates: Annually from October 15, 2026 to October 15, 2035

Security 2: BFL-7.37%-27-9-30-PVT

  • Scrip Code: 977157
  • ISIN: INE296A07TQ9 (Further listing under same ISIN)
  • Quantity: 62,500 debentures
  • Interest Rate: 7.37% p.a. (annual payment)
  • Issue Price: Rs. 1,00,781.70 (at premium)
  • Maturity Date: September 27, 2030 (5-year tenure)
  • Interest Payment Dates: Annually from September 27, 2026 to September 27, 2030

Security 3: BFL-7.07%-21-9-28-PVT

  • Scrip Code: 976971
  • ISIN: INE296A07TN6 (Further listing under same ISIN)
  • Quantity: 75,000 debentures
  • Interest Rate: 7.07% p.a. (annual payment)
  • Issue Price: Rs. 1,01,319.50 (at premium)
  • Maturity Date: September 21, 2028 (3-year tenure)
  • Interest Payment Dates: Annually from September 21, 2026 to September 21, 2028

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must ensure trading only in dematerialized form under specified ISIN numbers
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 15, 2025 (all three securities)
  • Listing Effective Date: October 17, 2025
  • First Interest Payment Dates:
    • Security 1 (10-year): October 15, 2026
    • Security 2 (5-year): September 27, 2026
    • Security 3 (3-year): September 21, 2026
  • Redemption Dates:
    • Security 1: October 15, 2035
    • Security 2: September 27, 2030
    • Security 3: September 21, 2028

Impact Assessment

This is a routine debt market listing with minimal impact on broader market operations or equity investors. The listing provides additional fixed-income investment options for institutional and qualified investors in the debt market segment. The AAA credit rating reflects Bajaj Finance’s strong creditworthiness. The interest rates (7.07% to 7.45%) reflect current market conditions for highly-rated corporate debt with varying tenures. No impact on equity trading operations or retail investors.

Impact Justification

Routine listing announcement for privately placed debt securities with no immediate impact on equity trading or broader market operations