Cholamandalam investment and Finance Company Limited has successfully allotted 40,000 secured non-convertible securities worth ₹400.00 crores through private placement on the National Stock Exchange (NSE). The company filed its compliance certificate under Regulation 30 and 30(A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on January 20, 2026.

Security Details and Structure

The allotted securities carry several attractive features for investors. The following table outlines the key parameters of the issuance:

Interest and Maturity Terms

The securities offer competitive returns with a structured payment schedule. The annual coupon rate has been set at 7.73%, with interest payments scheduled annually on January 20th each year. The securities carry a five-year tenure, with the maturity date falling on January 20, 2031.

Issuance Mechanism and Compliance

The securities were issued through private placement via the NSE Electronic Book Platform (EBP), ensuring efficient price discovery and allocation. The company has confirmed full compliance with SEBI listing regulations, with no defaults or delays reported in interest or principal payments.

The total issue size of ₹1,000.00 crores includes a substantial green shoe option of ₹600.00 crores, indicating strong market appetite for the company's debt instruments. The current allotment of ₹400.00 crores represents 40% of the base issue size, demonstrating successful initial investor response.

Regulatory Compliance

Cholamandalam Investment and Finance Company Limited has maintained full regulatory compliance throughout the issuance process. The company reported no special rights, interests, or privileges attached to these securities, and confirmed no instances of payment delays or defaults. All documentation and compliance certificates have been duly filed with the stock exchange as per regulatory requirements.

Cholamandalam investment and Finance Company Limited has successfully obtained regulatory approval from both major Indian stock exchanges for the reclassification of two promoter group entities. The approval marks a significant corporate restructuring move under SEBI's regulatory framework.

Stock Exchange Approvals Granted

The National Stock Exchange of India Limited granted its no-objection through approval letter NSE/LIST/COMP/CHOLAFIN/534/2025-2026 dated January 09, 2026. Similarly, BSE Limited issued its approval via letter LIST/COMP/HG/666/2025-26 on the same date. Both approvals were issued in response to the company's application dated November 10, 2025.

Entities Being Reclassified

The reclassification involves two specific entities transitioning from promoter group status to public category:

Both entities were previously classified as outgoing members of the promoter group and will now be reclassified under the public category as per the stock exchange approvals.

Regulatory Framework and Timeline

The reclassification process follows Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had initiated this process through earlier communications dated September 17 & 25, 2025, and November 6 & 10, 2025.

The stock exchanges have mandated that the company ensure compliance with subsequent relevant disclosures of material events related to this reclassification in accordance with the applicable provisions of Regulation 31A of SEBI (LODR) Regulations, 2015.

Corporate Communication

The formal intimation was signed by P. Sujatha, Company Secretary of Cholamandalam Investment and Finance Company Limited, on January 10, 2026. The company has requested stakeholders to take this development on record and has enclosed the approval letters from both stock exchanges for information and records.