Description

BSE has listed Commercial Paper worth Rs. 375 crores issued by Bajaj Finance Limited on private placement basis, with 92-day tenure maturing on February 18, 2026.

Summary

BSE has listed new Commercial Paper issued by Bajaj Finance Limited on private placement basis with effect from November 19, 2025. The issue consists of 7,500 units of Rs. 5,00,000 each, totaling Rs. 375 crores. The Commercial Paper has a 92-day tenure, allotted on November 18, 2025, and maturing on February 18, 2026. The instrument carries CRISIL A1+ and ICRA A1+ credit ratings.

Key Points

  • Issuer: Bajaj Finance Limited
  • Instrument: Commercial Paper (Private Placement)
  • Face Value: Rs. 5,00,000 per unit
  • Quantity: 7,500 units
  • Total Issue Size: Rs. 375 crores
  • Issue Price: Rs. 4,91,940.50 per unit
  • Scrip Code: 730598
  • Scrip ID: BFL181125
  • ISIN: INE296A14D62
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade the securities only in dematerialized form under ISIN INE296A14D62
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • The tick size for the securities is 1 paise

Important Dates

  • Notice Date: November 19, 2025
  • Listing Date: November 19, 2025
  • Allotment Date: November 18, 2025
  • Redemption Date: February 18, 2026
  • Tenure: 92 days

Impact Assessment

This is a routine Commercial Paper listing with minimal market impact. Bajaj Finance Limited, a major non-banking financial company, regularly issues short-term debt instruments to meet working capital requirements. The listing expands debt market trading opportunities for institutional investors but does not affect broader market operations or require changes to trading member practices. The high credit ratings (A1+) indicate low credit risk for investors.

Impact Justification

Routine commercial paper listing by a major NBFC. No regulatory changes or compliance requirements affecting broader market participants. Standard debt market activity with minimal market-wide impact.