ALPHA TRIBE

Cholamandalam Investment and Finance Company LimitedQIP/Rights/Pref., 06-06-2025: Allotment of Securities

06-06-2025 | 05:49 pm

Cholamandalam Investment and Finance raised ₹1,750 Cr by allotting 1,75,000 secured non-convertible debentures through private placement, including a ₹500 Cr green shoe. These 2-year notes offer a 7.38% annual coupon and are listed on NSE’s Wholesale Debt Market. This fresh debt infusion strengthens the company’s capital without affecting promoter holdings, with payments structured as yearly interest until maturity in May 2027.

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