Cholamandalam Investment allotted ₹317 crore in secured non-convertible debentures via private placement on NSE EBP platform.
The securities carry an 8.08% coupon rate, 8.35% re-issue yield, and have a 3-year 15-day tenure maturing in June 2029.
The allotment is part of a larger ₹1000 crore issue program including a ₹635 crore greenshoe option and will be listed on NSE's WDM segment.