Cholamandalam allots ₹550 crore secured non-convertible securities

On October 14, 2025, Cholamandalam Investment and Finance Company Limited confirmed the allotment of 55,000 units of secured non-convertible securities via a private placement on the NSE EBP platform. The total amount allotted is ₹550 crore, with the overall issue size being ₹1000 crore, which includes a ₹500 crore green shoe option.

These securities are listed in the WDM Segment of NSE and carry a tenure of 1826 days (5 years from the original tenor). The coupon rate for these securities is 7.58%, with annual coupon payments made on October 14th and on the maturity date, which is October 14, 2030. The securities are secured at 1x.

The company stated there are no special rights, interests, or privileges, and no delays in payment of interest or principal exceeding three months are noted. Furthermore, there are no reported comments regarding payment or non-payment of interest or principal, nor any details concerning the redemption of preference shares.