Loan & Debt18 Jun 2026, 09:40 pm
Cholamandalam Inv. Allots ₹100 Cr NCDs
AI Summary
Cholamandalam Investment and Finance Company Ltd has confirmed the allotment of 10,000 secured redeemable listed Non-Convertible Debentures (NCDs) worth ₹100 crore. The NCDs, issued via private placement on the NSE EBP platform, carry a coupon rate of 8.08% and mature in approximately 2 years and 11 months. This issuance is part of the company's strategy to raise capital through debt instruments.
Key Highlights
- Allotment of 10,000 secured redeemable listed NCDs.
- Total issue size of ₹100 crore.
- Coupon rate of 8.08% with annual coupon payments.
- NCDs listed on NSE WDM segment.
- Maturity period of approximately 2 years and 11 months.
Price Impact
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