What was filed
Bajaj Housing Finance told the exchanges that its Debenture Allotment Committee met on 7 October 2026 and allotted secured redeemable non-convertible debentures (NCDs) on a private placement basis. The issue is a re-issue under an existing ISIN, and the debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
Terms of the debentures
The NCDs carry a fixed coupon payable annually, with the first interest payment due on 4 August 2027 and principal repayment on maturity on 4 August 2036. Per the filing, the debentures are secured by a first pari-passu charge on book debts and loan receivables, with security cover equivalent to 1.00 time the aggregate outstanding value of the debentures. No special rights or privileges are attached, and the company reported no delay or default in payment.
Why it matters to a holder
The allotment is a routine debt-funding exercise through which the housing financier raises long-tenure capital. For an equity holder, filings of this kind show how the company is financing its loan book and the cost at which it is borrowing — here, a fixed annual coupon over a roughly ten-year horizon.