Cholamandalam allots shares after employee stock option exercise

Cholamandalam Investment and Finance Company Limited has informed stock exchanges about the allotment of 98,980 equity shares. These shares, valued at INR 2 each, were issued to employees who exercised their options under the company's employee stock option scheme. The Nomination and Remuneration Committee approved this allotment.

The company will apply for the final listing of these newly allotted shares on both the National Stock Exchange of India Limited (NSE) and BSE Ltd. This step is crucial to complete the necessary issue formalities.

The announcement, dated December 18, 2025, was signed by P. Sujatha, company secretary.