Bajaj Finance Limited announced that the Debenture Allotment Committee of the Company has at its meeting held on 18 March 2024, allotted 50,000 Secured Redeemable Non-Convertible Debentures (NCD), at the face value of INR 0.10 million each, aggregating to INR 5,044.9 million. Security Name is Bajaj Finance Limited 7.87% p.a. Secured Redeemable Non-Convertible Debentures (NCD) 2034. Mode of Issue is Private Placement.

Objects of the Issue /Purpose for which there is requirement of funds: Objects of this issue including green shoe option, if any, is to augment the long term resources of the Company. The funds raised through this issue will be utilized for general business purpose of the Company including various financing activities, to repay the company's existing loans, investments for liquidity and statutory requirements, capital expenditure and working capital requirements. Tenor (In Days) is 3,614 (Residual days).

Redemption Date is 8 February 2034.