Cholamandalam Investment and Finance Company Limited — QIP/Rights/Pref., 07-08-2025: Allotment of Securities

Cholamandalam Investment and Finance has successfully raised 100 Cr by allotting 100 unsecured perpetual non-convertible securities, priced at 1 Cr each, via a private placement. This significant fund infusion strengthens the company's financial position and provides access to long-term capital. These perpetual securities offer investors an attractive 9.25% annual coupon rate, with the company holding a call option after 10 years. A smart move for long-term funding.