Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto Ltd, has successfully raised Rs 490 crore through the issuance of Commercial Paper. The issuance was carried out in compliance with the SEBI Master Circular dated May 22, 2024, for non-convertible securities and related instruments.
The Commercial Paper, carrying a discount rate of 6.35%, was issued on July 7, 2025, and is set to mature on December 5, 2025. This marks the first issue under the current series and has been assigned a CRISIL A1+ credit rating. The security has been allotted under the ISIN INE18UV14026.
The Commercial Paper was listed on the National Stock Exchange (NSE) on July 8, 2025.