Cholamandalam Investment and Finance Company Limited — QIP/Rights/Pref., 23-01-2025: Allotment of Securities

Cholamandalam Investment and Finance Company has allotted 50,000 unsecured subordinated non-convertible securities through a private placement, raising ₹500 crore as part of a ₹1,000 crore issuance, which includes a ₹500 crore green shoe option. The securities, with a tenure of 10 years, carry a coupon rate of 9.00% payable annually on January 23rd, with the final payment on maturity in 2035. These securities are now listed in the WDM segment of the NSE, which enhances the company’s capital structure and liquidity.