Cholamandalam Investment Allots ₹2000 Crore Secured Non-Convertible Securities

1 min read     Updated on 20 Mar 2026, 06:35 PM
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Radhika SScanX News Team
Overview

Cholamandalam Investment and Finance Company Limited successfully allotted ₹2000 crores worth of secured non-convertible securities through private placement on NSE EBP platform. The securities carry a 7.94% coupon rate with 3-year tenure maturing on March 20, 2029, and are listed on NSE's Wholesale Debt Market segment.

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

Cholamandalam Investment and Finance Company Limited has successfully allotted secured non-convertible securities worth ₹2000 crores through private placement, as confirmed in its compliance certificate filed with the Bombay Stock Exchange on March 20, 2026. The allotment represents a significant fundraising initiative by the financial services company.

Security Details and Structure

The company has issued 200000 secured non-convertible securities through the NSE Electronic Book Platform (EBP) under private placement mode. The securities are now listed on the Wholesale Debt Market segment of the National Stock Exchange.

Parameter Details
Security Type Secured Non-Convertible Securities
Number of Securities 200000
Amount Allotted ₹2000 crores
Issue Size ₹2000 crores (including ₹1000 crores green shoe)
Listing Platform NSE WDM Segment
Security Coverage Secured at 1x

Terms and Coupon Structure

The securities carry attractive terms for investors with a tenure of 3 years spanning 1096 days. The coupon structure provides regular income with annual payments scheduled until maturity.

Terms Specifications
Tenure 3 years (1096 days)
Coupon Rate 7.94%
Payment Frequency Annual and on Maturity
Coupon Payment Dates March 20 annually
Maturity Date March 20, 2029

Regulatory Compliance

The allotment has been completed in full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30 and 30(A). The company confirmed no delays in payment obligations, defaults, or special rights attached to the securities.

The compliance certificate was digitally signed by Hardik D. Pandya, Authorised Signatory, ensuring proper documentation and regulatory adherence for the successful completion of this significant debt fundraising exercise.

Historical Stock Returns for Cholamandalam Investment

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-5.61%-14.08%-9.45%-4.81%+160.56%
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Cholamandalam Investment Allots 1,87,541 Equity Shares Under Employee Stock Option Scheme

1 min read     Updated on 12 Mar 2026, 07:46 PM
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Reviewed by
Naman SScanX News Team
Overview

Cholamandalam Investment and Finance Company Limited allotted 1,87,541 equity shares of Rs.2/- each to employees under its ESOP scheme, with approval from the Nomination and Remuneration Committee on March 12, 2026. The company has informed NSE and BSE and will apply for final listing of these shares to complete regulatory formalities.

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

Cholamandalam investment and Finance Company Limited has completed the allotment of equity shares to employees under its Employee Stock Option Scheme (ESOP). The company's Nomination and Remuneration Committee approved this significant employee benefit initiative on March 12, 2026.

Share Allotment Details

The allotment encompasses a substantial number of equity shares distributed to eligible employees who exercised their stock options.

Parameter: Details
Number of Shares Allotted: 1,87,541 equity shares
Face Value per Share: Rs.2/- each
Beneficiaries: Employees under ESOP scheme
Approval Authority: Nomination and Remuneration Committee
Approval Date: March 12, 2026

Regulatory Compliance and Listing Process

The company has formally notified both major stock exchanges about this allotment. Cholamandalam Investment and Finance Company Limited will proceed with applying for the final listing of these newly allotted shares on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

The communication was signed by P. Sujatha, Company Secretary, who confirmed that the company will complete all remaining issue formalities as part of the listing process. This step ensures full regulatory compliance and maintains transparency with market participants.

Corporate Structure

Cholamandalam Investment and Finance Company Limited operates from its headquarters at "Chola Crest", located in the Thiru-Vi-Ka Industrial Estate, Guindy, Chennai. The company maintains comprehensive customer support services through its toll-free number and dedicated email support system, reflecting its commitment to stakeholder engagement.

Historical Stock Returns for Cholamandalam Investment

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-5.61%-14.08%-9.45%-4.81%+160.56%
Cholamandalam Investment
View Company Insights
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1 Year Returns:-4.81%