Cholamandalam Investment and Finance Company Limited — QIP/Rights/Pref., 28-05-2025: Allotment of Securities

Cholamandalam Investment has announced a board meeting to discuss the financial results for the quarter and half-year. The company allotted 53,000 secured non-convertible debentures via private placement, raising ₹530 Cr from a total issue size of ₹2,000 Cr (including a ₹1,500 Cr green shoe). These 2-year instruments carry a 7.38% coupon payable annually in May. The issue is listed on NSE’s Wholesale Debt Market, strengthening the company’s debt profile with secured funding at competitive terms.