Bajaj Finance Limited allots 49,600 NCDs with 8.08% coupon rate

The subscription size is Rs 1,000 crore plus Rs 5,000 crore, and minimum subscription is at Rs 1 crore.

FPJ Web Desk Updated: Tuesday, March 21, 2023, 08:25 PM IST

As per a regulatory filing, Bajaj Finance has allotted 49,600 debentures, which are non-convertible, secured and redeemable.

The subscription size is Rs 1,000 crore plus Rs 5,000 crore, and minimum subscription is at Rs 1 crore.

The coupon rate for the non-convertible debentures has been kept at 8.08 per cent per year.

Published on: Tuesday, March 21, 2023, 08:25 PM IST

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