Cholamandalam Investment and Finance Company Limited — Others, 12-03-2025: Security Cover Certificate

Cholamandalam Investment and Finance Company Limited has received an independent auditor's certificate confirming the maintenance of security cover for its secured listed Non-Convertible Debentures (NCDs) as of 31 December 2024. The audit confirms that the company has complied with relevant covenants and accurately reflected its financial position in the Statement concerning its security cover calculation. This assurance is crucial for maintaining investor confidence and demonstrates the company's financial health and governance practices. Positive sentiment is likely as this reflects adherence to financial obligations, enhancing trust among current and potential investors.