Key Quantitative Figures

  • Proposed fundraising amount: ₹5,000 crores (Rupees Five thousand crores only)
  • Face value of equity shares: ₹2 each
  • Maximum discount permitted: 5% on floor price
  • Allotment completion timeframe: Within 365 days from date of special resolution passing
  • Convertible securities tenure: Not exceeding 60 months from date of allotment
  • Minimum allocation: 10% of securities to mutual funds
  • Lock-in period: Securities not eligible for sale for 1 year from allotment date
  • Subsequent QIP restriction: 2 weeks cooling period after prior QIP

Dates and Timeline

  • Board meeting date: October 28, 2026
  • Cut-off date for shareholders: October 30, 2026
  • Notice dispatch date: November 9, 2026
  • Remote e-voting period: November 10, 2026 (9:00 AM IST) to December 9, 2026 (5:00 PM IST)
  • Results declaration: By December 11, 2026 (within 2 working days of e-voting conclusion)
  • Resolution deemed passed date: December 9, 2026 (if approved)

Parties Involved

  • Scrutinizer: Mr. R Sridharan (ICSI Membership FCS No.4775 - CP No.3239) of M/s. R Sridharan & Associates
  • Registrar and Share Transfer Agent: KFIN Technologies Limited
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Regulatory authorities: SEBI, RBI, Stock Exchanges (BSE Limited and National Stock Exchange of India Limited)

Purpose and Rationale

The funds raised will be utilized to support projected business growth across product segments, strengthen the capital base, meet long-term funding requirements, and for general corporate purposes.

Capital Structure Impact

The resolution enables issuance of equity shares and/or convertible securities that will rank pari-passu with existing equity shares in all respects including entitlement to dividend. The issuance may cause dilution depending on the final terms determined by the Board.

Voting Requirements

Special resolution requires votes cast in favor to be not less than three times the number of votes cast against the resolution.

Additional Information

  • The Notice has been dispatched electronically to all members with registered email addresses
  • The Notice is available on company website: www.cholamandalam.com
  • No promoter, director, or key managerial personnel will subscribe to the securities
  • No change in control is anticipated pursuant to this issue
  • Company registered office: "Chola Crest", C54 - C55, & Super B-4, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai – 600032