Cholamandalam allots non-convertible securities to boost capital

Cholamandalam Investment and Finance Company Limited, in an announcement dated December 24, 2025, confirmed the allotment of 100,100 units of secured non-convertible securities. These securities were issued through a private placement on the NSE EBP platform, with an allocated amount of INR 1001 crore as part of a larger INR 1500 crore issue, which included a INR 500 crore green shoe option.

The listed securities, part of the WDM Segment of NSE, have a tenure of 2.15 years (785 days) and carry an 8.20% coupon rate, yielding 7.54%. Interest payments are scheduled annually on February 17 and on the maturity date of February 17, 2028. The company affirmed that the securities are secured at 1x.