Cholamandalam Investment and Finance Company Limited has successfully allotted secured non-convertible securities worth ₹831 crores through private placement, as disclosed in its compliance certificate filed under Regulation 30 and 30(A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Securities Allotment Details

The company completed the allotment of 83,100 secured non-convertible securities through the NSE Electronic Book Platform (EBP) via private placement. The securities have been listed on the Wholesale Debt Market (WDM) segment of the National Stock Exchange.

Financial Terms and Structure

The securities offer attractive financial terms with an 8.60% coupon rate and a reissue yield of 7.79%. The tenure spans 3 years and 6 days, totaling 1,102 days from the allotment date.

Payment Schedule

The securities follow an annual coupon payment structure with specific dates outlined for investor payments:

• First Coupon Payment: March 5, 2027
• Subsequent Payments: Annually
• Maturity Date: March 5, 2029

Regulatory Compliance

The allotment was completed in full compliance with SEBI regulations, with the company confirming no delays in payment obligations, defaults, or special rights associated with the securities. The compliance certificate was digitally signed by Hardik D. Pandya, Authorised Signatory, on February 27, 2026.

This successful securities allotment demonstrates the company's continued access to debt capital markets and its ability to raise funds through institutional private placement mechanisms on established trading platforms.

Cholamandalam Investment and Finance Company Limited has filed an official clarification with stock exchanges on February 26, 2026, categorically denying media reports about Executive Chairman Vellayan Subbiah's departure from the financial services company.

Stock Exchange Filing Addresses Media Reports

The company submitted a formal statement to both NSE and BSE under Regulation 30, directly responding to a Moneycontrol article titled "Vellayan Subbiah to exit Cholamandalam Investment Finance as part of Murugappa family settlement." Company Secretary P. Suajtha signed the official communication, which included a detailed statement from Subbiah's office.

Executive Chairman Confirms Continued Role

In the attached statement, Subbiah's office described the exit speculation as "factually incorrect and entirely baseless." The statement confirms that Subbiah continues as Executive Chairman under his duly approved five-year appointment term running from April 1, 2025 to March 31, 2030.

Management Structure Remains Unchanged

The official clarification emphasizes that no changes have occurred in the management control structure or ownership of the Group's businesses. The current management arrangement, established several years ago, continues with Cholamandalam Investment maintaining its existing leadership framework.

The statement confirms that Vellayan Subbiah and M A M Arunachalam continue overseeing Tube Investments of India, Cholamandalam Investment and Finance Company, CG Power and Industrial Solutions, and their respective subsidiaries.

Regulatory Compliance and Transparency

The company reaffirmed its commitment to compliance with SEBI disclosure requirements, stating it will make appropriate disclosures as and when any event requiring disclosure occurs. This formal response demonstrates the company's dedication to maintaining transparency and correcting misinformation in the market.

The Group emphasized its commitment to continuity and stability in governance and management, requesting media outlets carry the clarification to correct the record and prevent the spread of misinformation.

Source: None/Company/INE121A01024/3521dac9-68db-477a-8a06-1b7cc5031350.pdf