Cholamandalam allots ₹500 crore in unsecured non-convertible securities

Cholamandalam Investment and Finance Company Limited confirmed the allotment of 50,000 units of unsecured subordinated non-convertible securities via a private placement on the NSE EBP, effective November 25, 2025. The total amount allotted is ₹500 crore, with the issue size being ₹1,000 crore, which includes a ₹500 crore green shoe option. These securities are listed in the WDM segment of NSE.

The securities carry a tenure of 7 years and an 8.40% coupon rate. Coupon payments will be made annually on November 25, with the final maturity date set for November 25, 2032. The company also confirmed there are no special rights, interests, or privileges, or delays in payment of interest or principal.