Cholamandalam Investment And Finance Company Limited has successfully raised ₹550 crore through a private placement of Non-Convertible Debentures (NCDs). This strategic move bolsters the company's capital position and demonstrates its ability to secure funding through debt instruments.

Key Details of the NCD Issuance

The company has issued these NCDs with a coupon rate of 7.58%, payable annually on October 14th, with the final payment due on the maturity date. This issuance is part of a larger ₹1,000.00 crore issue, which includes a green shoe option of ₹500.00 crore.

Cholamandalam Investment And Finance has ensured compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 30 and 30(A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that the securities are secured and listed in the Wholesale Debt Market (WDM) segment of the National Stock Exchange (NSE).

Implications of the NCD Issuance

Capital Enhancement

This fundraising initiative through NCDs provides Cholamandalam Investment And Finance with additional capital, potentially supporting its growth strategies and operational needs.

Investor Confidence

The successful placement reflects investor confidence in the company's financial stability and future prospects.

Strategic Financing

For investors and market watchers, this development signifies Cholamandalam Investment And Finance's proactive approach to capital management and its ability to leverage debt markets effectively. The terms of the NCDs, including the competitive interest rate and five-year tenure, suggest a balanced approach to long-term financing that aligns with the company's strategic objectives.

Conclusion

As the financial landscape continues to evolve, such capital-raising activities by established firms like Cholamandalam Investment And Finance underscore the ongoing importance of diverse funding sources in the Indian financial sector.

Cholamandalam Investment and Finance Company , a prominent player in the Indian financial services sector, recently executed a significant block trade on the National Stock Exchange (NSE). The transaction, involving approximately 350,249 shares, was carried out at a price of Rs. 1,610.50 per share, amounting to a total value of Rs. 56.41 crores.

Transaction Details

To provide a clear picture of the block trade, here's a breakdown of the key details:

This substantial transaction underscores the continued interest in Cholamandalam Investment's shares among institutional investors and large traders.

Recent Corporate Actions

While not directly related to the block trade, it's worth noting that Cholamandalam Investment has been actively managing its capital structure. According to recent LODR (Listing Obligations and Disclosure Requirements) data, the company has approved the conversion of 30,700 compulsorily convertible debentures (CCDs) into equity shares.

Conversion Details

This conversion has led to a slight increase in the company's issued and paid-up capital. The conversion price was set at a 15% discount to the seven-day volume-weighted average price of the company's shares traded on NSE preceding October 1, 2025.

Impact on Share Capital

The conversion of CCDs has resulted in the following changes to the company's share capital:

These corporate actions, along with the recent block trade, reflect the dynamic nature of Cholamandalam Investment's equity market activities and its efforts to optimize its capital structure.

Investors and market participants will likely keep a close eye on Cholamandalam Investment's future market movements and corporate strategies as the company continues to navigate the evolving financial services landscape.