Cholamandalam Investment and Finance Company Limited — QIP/Rights/Pref., 31-07-2025: Issue of Securities
31-07-2025 | 02:46 pm
31-07-2025 | 02:46 pm
Cholamandalam Investment & Finance has announced a board meeting where it approved raising up to Rs. 55,000 Cr via secured and/or unsecured Non-Convertible Debentures (NCDs) in tranches. Details like issue price and specific investor targeting will follow. Separately, the company confirmed that Rs. 3,282 Cr raised through private placement of NCDs and Sub Debt during the April-June quarter was fully utilized for general business operations. The board also approved the financial results for the quarter. This strategic funding will support future growth initiatives.
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