Cholamandalam Investment and Finance Company Limited has made a regulatory disclosure to the Bombay Stock Exchange regarding compliance with SEBI Listing Regulations 30 and 30(A). The company has allotted securities through a private placement with the following specific details:
Security Details
- Type of Security: Secured Non-Convertible Securities
- Type of Issuance: Private Placement – NSE EBP
- Number of Securities: 500,000
- Amount Allotted: ₹5,000 crores
- Size of the Issue: ₹5,000 crores (No green shoe option)
- Listing: Listed in WDM Segment of NSE
- Tenure: 2 years 9 months (1007 days)
- Coupon Rate: 8.12% First Reset Coupon (3m T-Bill + 2.75%)
- Coupon Frequency: Annual and on maturity date
- Coupon Payment Dates: 27th February 2026, Annual and on Maturity date (27th February 2029)
- Security Coverage: Secured at 1x