Cholamandalam Investment and Finance Company Limited — Others, 21-08-2025: ESOP/ESOS/ESPS
21-08-2025 | 07:31 pm
21-08-2025 | 07:31 pm
Cholamandalam Investment and Finance has allotted 90,967 new equity shares to employees who exercised their stock options. The company's Nomination and Remuneration Committee approved this issuance. These shares, with a face value of Rs.2/- each, will now undergo final listing formalities on both NSE and BSE. This move represents a standard part of employee benefit programs, allowing staff to convert their stock options into shares, and slightly expands the total share capital, which is a common occurrence for companies with ESOPs.
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