Board Meeting28 Jul 2026, 02:39 pm
Cholamandalam Investment Approves Q1 FY27 Unaudited Results & ₹55,000 Cr NCD Issue
AI Summary
Cholamandalam Investment and Finance Company Ltd announced the outcome of its Board Meeting held today. The board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the company resolved to raise funds through the issuance of secured and/or unsecured Non-Convertible Debentures (NCDs) aggregating up to ₹55,000 crores on a private placement basis. The financial results and a limited review report from the statutory auditors were also submitted.
Key Highlights
- Board approved unaudited standalone and consolidated financial results for Q1 FY27.
- Company plans to raise ₹55,000 crores via NCD issuance.
- Fundraising will be through private placement in one or more tranches.
- Limited review report from statutory auditors was submitted.
- Disclosures under Listing Regulations related to NCDs will be provided at issuance.
Price Impact
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