Cholamandalam Investment and Finance Company Limited — Others, 07-03-2025: Statement of value for Debt Service Reserve Account or any other form of security offered

Cholamandalam Investment & Finance Company Limited has provided a Security Coverage Certificate as of December 31, 2024, following a request from IDBI Trusteeship Services Limited. This certificate, prepared with the company’s unaudited financial results, confirms the security cover for outstanding non-convertible debentures at a ratio of 1.07 times the borrowed amount, complying with the terms of issuance. This solid security cover suggests a stable position for the company’s debt obligations. Investors may view this update positively as it reflects an effective asset management strategy, potentially enhancing confidence in the company's financial health.