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Cholamandalam Investment and Finance Company LimitedQIP/Rights/Pref., 09-04-2025: Allotment of Securities

09-04-2025 · 07:27 pm

Cholamandalam Investment and Finance Company has allotted 50,000 unsecured subordinated non-convertible securities through a private placement on the NSE EBP, raising ₹500 crore. The total issue size is ₹1,000 crore, which includes a ₹500 crore green shoe option. These securities have a tenure of seven years with an annual coupon rate of 8.75%, payable on April 9 each year and at maturity on April 9, 2032. The securities are listed in the Wholesale Debt Market Segment of the NSE.

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