BAJAJ FINANCE LIMITED 27 June 2020 The Manager, The Manager, BSE Limited Listing Department DCS - CRD National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1. Block G, Dalal Street, Bandra - Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code:500034 Scrip Code: BAJFINANCE – EQ Sir/Madam, Sub: Intimation of revision in credit rating pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A(3) of Part A of Schedule III, this is to inform you that S&P Global Ratings has, vide its letter dated 26 June 2020, downgraded the credit rating of the Company from Long term rating of ‘BBB-/Negative’ and Short-term rating of ‘A-3’ to Long term rating of ‘BB+/Stable’ and Short-term rating of ‘B’. Enclosed herewith press release issued by S&P Global Ratings dated 26 June 2020. Kindly, take the same on record. Thanking you, Yours faithfully, For Bajaj Finance Limited R Vijay Company Secretary Email ID:
[email protected] Corporate Office Ext.: 3rd Floor, Panchshil Tech Tel: +91 20 71576403 www.bajajfinserv.in/co Park, Viman Nagar, Pune-411014, Fax: +91 20 71576364 rporate-bajaj-finance Maharashtra, India Corporate ID No.: Registered Office: Akurdi, Pune-411035, L65910MH1987PLC042961 Maharashtra, India Four Indian Finance Companies Downgraded On Weakening Economic Conditions Due To COVID-19; Ratings On Two Affirmed Primary Credit Analysts: Nikita Anand, Singapore + 65 6216 1050;
[email protected] Michael D Puli, Singapore (65) 6239-6324;
[email protected] Amit Pandey, Singapore (65) 6239-6344;
[email protected] Secondary Contacts: Deepali V Seth Chhabria, Mumbai (91) 22-3342-4186;
[email protected] Geeta Chugh, Mumbai (91) 22-3342-1910;
[email protected] • We believe worsening operating conditions following COVID-19 have increased risks for financial institutions operating in India.