Bajaj Finance board to consider results, dividend; NCDs allotted

Bajaj Finance has scheduled a board meeting on April 29, 2025, to consider and approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2025. The board will also deliberate on recommending a dividend on equity shares, if any, for the same fiscal year. The company previously announced the allotment of 599,000 secured redeemable non-convertible debentures (NCDs) on April 3, 2025. The NCDs, with a face value of INR 100,000 each, aggregate to INR 5,994.43 crore and were issued on a private placement basis. Two options were offered: Option I comprised 299,000 NCDs aggregating to INR 2,991.76 crore, while Option II consisted of 300,000 NCDs aggregating to INR 3,002.67 crore. The trading window for dealing in the company's securities is closed from April 1 to May 1, 2025. The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.