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.
(To receive our E-paper on WhatsApp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)
