Description

Bajaj Finance Limited has listed 25,000 new commercial papers worth Rs. 5,00,000 each on BSE Debt segment, with allotment date November 25, 2025 and redemption date February 24, 2026.

Summary

Bajaj Finance Limited has listed new commercial papers on BSE’s Debt segment effective November 26, 2025. The issue consists of 25,000 commercial papers of Rs. 5,00,000 face value each, issued on private placement basis. The securities have been allotted on November 25, 2025 and will mature on February 24, 2026 (91-day tenure). ICICI Bank Limited serves as the Issuing and Paying Agent.

Key Points

  • Securities: Commercial Paper issued on private placement basis
  • Quantity: 25,000 papers
  • Face Value: Rs. 5,00,000 per paper
  • Issue Price: Rs. 4,92,050.50 per paper (1.59% discount)
  • Total Issue Size: Rs. 1,250 crore
  • Scrip Code: 730650
  • Scrip ID: BFL251125
  • ISIN: INE296A14D70
  • Credit Rating: CRISIL A1+, ICRA A1+ (highest short-term rating)
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Demat only

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE296A14D70
  • Trading shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Standard tick size of 1 paise applies for price movements
  • Trading members can contact BSE Debt Department (phone: 22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Allotment Date: November 25, 2025
  • Listing Date: November 26, 2025
  • Redemption Date: February 24, 2026
  • Tenure: 91 days

Impact Assessment

Market Impact: Low. This is a routine commercial paper issuance by a major NBFC (Bajaj Finance) for short-term funding needs. The high credit ratings (A1+ from both CRISIL and ICRA) indicate low credit risk.

Operational Impact: Minimal. Trading members are simply informed of new debt instruments available for trading on the debt segment. No changes to trading systems or processes required.

Investor Impact: Provides institutional investors with a short-term investment option backed by strong credit ratings from a reputed financial institution. The discount of approximately 1.59% translates to an annualized yield for the 91-day period.

Impact Justification

Routine commercial paper listing for a major NBFC with standard terms. Informational notice for trading members with no regulatory changes or compliance actions required.