Cholamandalam allots 50,000 non-convertible securities via private placement

Cholamandalam Investment and Finance Company Limited has confirmed the allotment of 50,000 units of secured non-convertible securities on December 2, 2025. This allotment was executed through a private placement on the NSE EBP platform, with the total amount allotted being 500 crs. The overall issue size reached 1000 crs, including a 500 crs green shoe option.

These securities are listed in the WDM Segment of NSE and carry a tenure of three years with a coupon rate of 7.36%. Coupon payments will be made annually on December 2nd and at maturity on December 2, 2028. The securities are secured at 1x, and the company confirmed no special rights, interest, or privileges.

The company also stated that there are no delays in payment of interest or principal beyond three months, no defaults, and no letters or comments regarding payment issues. Additionally, there are no details on the redemption of preference shares or debentures. This confirmation comes in compliance with Regulation 30 and 30(A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.