Bajaj Housing Finance Allots ₹1,020.38 Crore NCDs on Private Placement Basis
1,00,000 debentures allotted at face value of ₹1,00,000 each; to be listed on BSE Wholesale Debt Market
Mumbai, February 20, 2026: Bajaj Housing Finance Limited has allotted 1,00,000 secured redeemable non-convertible debentures (NCDs) aggregating to ₹1,020.3759 crore on a private placement basis, according to a regulatory filing made today.
Key Allotment Details:
| Particulars | Details |
|---|---|
| Number of NCDs Allotted | 1,00,000 |
| Face Value per NCD | ₹1,00,000 |
| Total Issue Size | ₹1,020.3759 crore |
| ISIN | INE377Y07607 (Re-issue) |
| Date of Allotment | February 20, 2026 |
| Tenure | 969 days (Residual) |
| Maturity Date | October 16, 2028 |
| Coupon Rate | 7.10% per annum |
| Coupon Payment Frequency | Annual |
Interest and Repayment Schedule:
| Payment Event | Due Date |
|---|---|
| 1st Interest Payment | October 16, 2025 |
| 2nd Interest Payment | October 16, 2026 |
| 3rd Interest Payment | October 16, 2027 |
| 4th Interest Payment & Principal Repayment | October 16, 2028 |
Security Details:
The debentures are secured by a first pari-passu charge on book debts/loan receivables of the company. The security cover shall be equivalent to 1.00 time the aggregate outstanding value of debentures issued under the General Information Document dated July 2, 2025.
Listing Information:
The NCDs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE Limited.
Meeting Details:
The Debenture Allotment Committee of the Company met today, February 20, 2026, to consider and approve the allotment. The meeting commenced at 12:30 p.m. and concluded at 12:50 p.m.
Regulatory Compliance:
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has informed both BSE Limited (Scrip Code: 544252) and the National Stock Exchange of India Limited (Scrip Code: BAJAJHFL – EQ) about the allotment.
The company has confirmed that there has been no delay in payment of interest/principal amount and no default in payment obligations concerning the debentures.
This fundraise through NCDs will strengthen the company's capital base for its housing finance operations.