Cholamandalam Investment and Finance Company Limited has allotted 65,000 Secured Non-Convertible Securities through a private placement, raising ₹650 Cr, part of a larger issue capped at ₹1,000 Cr (including a ₹500 Cr green shoe option). The securities have a tenure of three years with a coupon rate of 8.20%, payable annually on February 17th and at maturity on February 17, 2028. These securities are now listed in the Wholesale Debt Market segment of the NSE, enhancing the company’s funding capabilities and liquidity profile.
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