Issuance, allotment and listing of Non-convertible Debentures amounting to Rs. 500 Crores on Private placement basis by Bajaj Auto Credit Limited, a wholly owned subsidiary of Bajaj Auto Limited

Bajaj Auto Credit Limited (BACL), a wholly owned subsidiary of Bajaj Auto Ltd, successfully issued and allotted 50,000 Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) worth INR 500 Crores. The NCDs were raised via a private placement and have been listed on the National Stock Exchange of India Ltd. This routine fundraise strengthens BACL's financing capabilities, supporting its operations and potentially indirectly boosting vehicle sales.