Life Insurance Corporation of India (LIC) has subscribed to 512,000 debentures of Bajaj Finance Limited, each with a face value of ₹100,000, amounting to a total investment of ₹5,120 crores. This investment aligns with LIC’s strategic objectives and further strengthens the financial ties between the two entities.
LIC Invests in Bajaj Finance Debentures
Life Insurance Corporation of India (LIC) has announced its subscription to debentures of Bajaj Finance Limited, as of January 27, 2026. The total investment amounts to ₹5,120 crores.
Details of the Subscription
LIC has subscribed to 512,000 debentures of Bajaj Finance Limited. The face value of each debenture is ₹100,000. The acquisition was completed on January 27, 2026, at 12:30 p.m., with consideration made via Bank/RTGS Payment.
About Bajaj Finance Limited
Bajaj Finance Limited is a subsidiary of Bajaj Finserv Limited. It is a deposit-taking Non-Banking Financial Company registered with the Reserve Bank of India (RBI) and is classified as a NBFC- Investment and Credit Company.
Source: BSE
