Cholamandalam Investment Awards Rs.540 Crore Corporate Office Construction Contract to Kalpataru Projects

Cholamandalam Investment and Finance Company Limited has announced the award of a major construction contract worth Rs.540 crores for its new corporate office building. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Contract Details

The works contract has been awarded to M/s. Kalpataru Projects International Limited, a domestic entity, for the construction of the corporate office building at 18 & 18/1, Velachery Main Road, Guindy, Chennai – 600 032.

Parameter:	Details
Contractor:	M/s. Kalpataru Projects International Limited
Contract Value:	Rs.540 crores
Project Location:	18 & 18/1, Velachery Main Road, Guindy, Chennai – 600 032
Contract Duration:	33 months
Entity Type:	Domestic entity

Regulatory Compliance

The company has fulfilled its disclosure obligations by providing comprehensive details as required under Regulation 30 of the SEBI Listing Regulations. The announcement was made on 25 March, 2026, and includes all necessary information as per SEBI Master Circular requirements.

Key Contract Features

The significant terms and conditions of the contract relate specifically to the construction of the corporate office building. The project timeline spans 33 months, indicating a substantial construction undertaking for the financial services company.

Related Party Considerations

Cholamandalam Investment has confirmed that:

The promoter, promoter group, or group companies have no interest in Kalpataru Projects International Limited
The contract does not fall within related party transactions
The arrangement maintains arm's length commercial terms

This major infrastructure investment demonstrates Cholamandalam Investment's commitment to expanding its corporate facilities and operational capabilities in Chennai.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.55%	-7.31%	-21.08%	-14.91%	-6.96%	+142.84%

Cholamandalam Investment and Finance Company Limited has successfully allotted secured non-convertible securities worth ₹2000 crores through private placement, as confirmed in its compliance certificate filed with the Bombay Stock Exchange on March 20, 2026. The allotment represents a significant fundraising initiative by the financial services company.

Security Details and Structure

The company has issued 200000 secured non-convertible securities through the NSE Electronic Book Platform (EBP) under private placement mode. The securities are now listed on the Wholesale Debt Market segment of the National Stock Exchange.

Parameter	Details
Security Type	Secured Non-Convertible Securities
Number of Securities	200000
Amount Allotted	₹2000 crores
Issue Size	₹2000 crores (including ₹1000 crores green shoe)
Listing Platform	NSE WDM Segment
Security Coverage	Secured at 1x

Terms and Coupon Structure

The securities carry attractive terms for investors with a tenure of 3 years spanning 1096 days. The coupon structure provides regular income with annual payments scheduled until maturity.

Terms	Specifications
Tenure	3 years (1096 days)
Coupon Rate	7.94%
Payment Frequency	Annual and on Maturity
Coupon Payment Dates	March 20 annually
Maturity Date	March 20, 2029

Regulatory Compliance

The allotment has been completed in full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30 and 30(A). The company confirmed no delays in payment obligations, defaults, or special rights attached to the securities.

The compliance certificate was digitally signed by Hardik D. Pandya, Authorised Signatory, ensuring proper documentation and regulatory adherence for the successful completion of this significant debt fundraising exercise.