Board Meeting28 Jul 2026, 02:44 pm
Chola Fin Board approves Q1 FY27 results & ₹55,000 Cr NCDs
AI Summary
Cholamandalam Investment and Finance Company Ltd's Board of Directors, at their meeting, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the Board sanctioned a fundraise through the issuance of secured and/or unsecured Non-Convertible Debentures (NCDs) aggregating to ₹55,000 crores. These NCDs will be issued in one or more tranches on a private placement basis, in accordance with applicable laws.
Key Highlights
- Board approved unaudited standalone and consolidated Q1 FY27 results.
- Approved fundraise via NCDs up to ₹55,000 crores.
- NCDs to be issued in one or more tranches on private placement basis.
Price Impact
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