Cholamandalam allots shares to employees under stock option scheme

On November 28, 2025, Cholamandalam Investment and Finance Company Limited confirmed the allotment of 88,583 equity shares to employees. This allotment follows the exercise of options under the company's employee stock option scheme, with each allotted share valued at Rs.2/-. The company's nomination and remuneration committee approved these allotments.

The company will proceed with applications for the listing of these newly allotted shares on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). This step is necessary to complete the remaining issue formalities associated with the employee stock options.

The announcement was formally communicated to the secretaries of both the National Stock Exchange of India Limited and BSE Ltd. P. Sujatha, company secretary, signed the letter.