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Cholamandalam Investment and Finance Company Limited has allotted 1,00,000 secured non-convertible securities through a private placement on the NSE Electronic Book Platform, raising a total of ₹1,000 cr, with an additional ₹200 cr available under the green shoe option. These securities have a tenure of 2 years and feature an annual coupon rate of 8.19%, with payments scheduled annually on December 30 and at maturity on December 30, 2026. The issue is now listed in the Wholesale Debt Market segment of the NSE.
All announcements from Cholamandalam Investment and Finance Company Limited