Cholamandalam Investment and Finance Company Limited — QIP/Rights/Pref., 06-03-2025: Allotment of Securities
06-03-2025 | 07:02 pm
06-03-2025 | 07:02 pm
Cholamandalam Investment and Finance Company has allotted 1,00,000 unsecured subordinated non-convertible securities through a private placement, raising ₹1,000 Cr out of a total issue size of ₹1,500 Cr (which includes a ₹500 Cr green shoe option). The securities have a tenure of 7 years, maturing on March 6, 2032, with an annual coupon rate of 9.05%. Interest payments will be made on March 6 each year, including the maturity date. The securities are listed on the Wholesale Debt Market segment of NSE.
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