Description

BSE lists 40,000 units of Commercial Paper issued by Bajaj Finance Limited on private placement basis with face value of Rs. 5 lakhs each, maturing on March 5, 2026.

Summary

BSE has listed new Commercial Paper issued by Bajaj Finance Limited on private placement basis effective December 5, 2025. The instrument comprises 40,000 units with a face value of Rs. 5,00,000 each, issued at a discount price of Rs. 4,91,978, and will mature on March 5, 2026. The securities carry dual top-tier credit ratings of CRISIL A1+ and ICRA A1+, with ICICI Bank Limited acting as the Issuing and Paying Agent.

Key Points

  • Issuer: Bajaj Finance Limited
  • Instrument: Commercial Paper (Private Placement)
  • Quantity: 40,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,978 per unit (issued at discount)
  • Scrip Code: 730709
  • Scrip ID: BFL041225
  • ISIN: INE296A14D88
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Trading: Dematerialized form only
  • Tick Size: 1 paise
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • 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 INE296A14D88
  • Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Standard tick size of 1 paise applies for price movements

Important Dates

  • Listing Date: December 5, 2025
  • Allotment Date: December 4, 2025
  • Redemption Date: March 5, 2026
  • Notice Date: December 5, 2025

Impact Assessment

This is a routine commercial paper listing with minimal market impact. Bajaj Finance Limited, a prominent non-banking financial company, regularly issues short-term debt instruments to meet working capital requirements. The top-tier credit ratings (CRISIL A1+ and ICRA A1+) indicate strong credit quality and low default risk. The 3-month tenor commercial paper provides liquidity options for institutional investors in the debt market segment. No operational changes or additional compliance burden for trading members beyond standard debt trading protocols.

Impact Justification

Routine commercial paper listing by established NBFC with top credit ratings (CRISIL A1+, ICRA A1+). Standard 3-month tenor debt instrument with no regulatory changes or compliance requirements for market participants.