Cholamandalam Investment and Finance Company Limited has allotted unsecured Non-Convertible Debentures (NCDs) worth ₹2000 crore through a private placement on the NSE EBP platform. The issuance consists of 200,000 securities with a coupon rate of 8.88%. The debt instruments are unsecured and subordinated, and are listed in the WDM segment of the National Stock Exchange (NSE).

The tenure of the NCDs is set at 7 years, with the maturity date on June 25, 2033. Interest payments will be made annually on June 25, starting in 2027, with the final payment due on the maturity date. The allotment was confirmed via a compliance certificate submitted under Regulation 30 and 30(A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Allotment

The following table outlines the specific parameters of the unsecured NCD issuance:

The compliance certificate confirmed that there are no special rights, interests, or privileges attached to these securities. Additionally, the company reported no delays in the payment of interest or principal amounts exceeding three months, nor were there any letters or comments regarding payment defaults. The document was signed by Hardik D. Pandya, an Authorised Signatory, on June 25, 2026.

Cholamandalam Investment and Finance Company Limited has been listed in the prestigious 2025 Burgundy Private Hurun India 500 list, a ranking of India's most valuable companies based on value creation and contribution to economic growth. The recognition underscores the company's consistent growth, robust financial performance, and customer-centricity, reinforcing its position among India's leading financial institutions.

The company operates as the financial services arm of Murugappa Group, offering a diversified portfolio including vehicle finance, home loans, and SME loans. It serves millions of customers through 2452 touch points across India, with assets under management above INR 242630 Crores.

Vellayan Subbiah, Executive Chairman of Cholamandalam Investment and Finance Company, said the recognition reflects the trust placed by customers, partners, and investors. He emphasized the company's commitment to responsible growth, innovation, and financial inclusion as it expands its reach and offerings.

Key Business Metrics

About the Company

Cholamandalam Investment and Finance Company Limited was incorporated in 1978 and commenced business as an equipment financing company. It has since emerged as a comprehensive financial services provider. The company's mission is to enable customers to enter a better life, adhering to strict ethics and responsibility toward stakeholders.