Cholamandalam Investment and Finance Company Limited — QIP/Rights/Pref., 03-06-2025: Allotment of Securities

Cholamandalam Investment has raised ₹502 Cr through allotment of 50,200 unsecured subordinated non-convertible bonds via private placement, part of a ₹1,000 Cr issue (including a ₹500 Cr green shoe). These 7-year bonds offer an 8.57% annual coupon, paid yearly until 2032. The raise boosts the company’s debt profile without impacting promoter shareholding.