Cholamandalam Investment and Finance Company Board Meeting Set for January 30, 2026 to Consider Interim Dividend

1 min read     Updated on 23 Jan 2026, 04:56 PM
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Overview

Cholamandalam Investment and Finance Company Limited has scheduled a board meeting for January 30, 2026, to consider an interim dividend proposal for FY2026. The company notified stock exchanges on January 23, 2026, in compliance with SEBI regulations, demonstrating its commitment to shareholder value and transparent corporate governance.

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Cholamandalam investment and Finance Company Limited has announced that its Board of Directors will convene on January 30, 2026, to deliberate on an interim dividend proposal for the current financial year. The company formally communicated this development to stock exchanges through a regulatory filing dated January 23, 2026.

Board Meeting Details

The meeting has been scheduled in accordance with Regulation 29(1)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will specifically consider the proposal for payment of interim dividend for the financial year ending March 31, 2026, on the outstanding equity shares of the company.

Meeting Details: Information
Meeting Date: January 30, 2026
Purpose: Interim dividend consideration
Financial Year: Ending March 31, 2026
Regulatory Compliance: SEBI Regulation 29(1)(e)

Regulatory Communication

The company has notified both major stock exchanges about this board meeting. Company Secretary P. Sujatha signed the official communication, which was addressed to the National Stock Exchange of India Limited and BSE Limited. The notification follows the company's earlier letter dated January 2, 2026, which had initially intimated about the scheduled board meeting.

Exchange Listing Information

Cholamandalam Investment and Finance Company Limited trades on both major Indian stock exchanges with the following codes:

Exchange: Trading Code
NSE: CHOLAFIN EQ
BSE: 511243

This announcement reflects the company's ongoing commitment to maintaining transparent communication with shareholders and regulatory authorities regarding significant corporate decisions that may impact shareholder returns.

Historical Stock Returns for Cholamandalam Investment

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-2.74%+3.68%+4.97%+30.71%+289.25%
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Cholamandalam Investment Allots ₹400 Crores Worth Secured Non-Convertible Securities via NSE Private Placement

1 min read     Updated on 20 Jan 2026, 08:48 PM
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Overview

Cholamandalam Investment and Finance Company Limited successfully allotted 40,000 secured non-convertible securities worth ₹400.00 crores through NSE private placement on January 20, 2026. The securities offer a 7.73% annual coupon rate with five-year tenure maturing in 2031, and are part of a larger ₹1,000.00 crores issue including ₹600.00 crores green shoe option. The company maintains full regulatory compliance with no payment defaults reported.

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*this image is generated using AI for illustrative purposes only.

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:

Parameter: Details
Security Type: Secured Non-Convertible Securities
Number of Securities: 40,000
Amount Allotted: ₹400.00 crores
Total Issue Size: ₹1,000.00 crores (including ₹600.00 crores green shoe)
Listing Platform: NSE Wholesale Debt Market (WDM) Segment
Security Coverage: Secured at 1x

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.

Payment Schedule: Timeline
Coupon Rate: 7.73% per annum
Payment Frequency: Annual
Interest Payment Date: January 20th (yearly)
Maturity Date: January 20, 2031
Final Payment: Interest plus principal on maturity

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.

Historical Stock Returns for Cholamandalam Investment

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-2.74%+3.68%+4.97%+30.71%+289.25%
Cholamandalam Investment
View Company Insights
View All News
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1 Year Returns:+30.71%