Announced Wed, 17 Jun · 22:39 IST
Allotment of 98,124 equity shares under ESOP scheme
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CHOLAFIN · price
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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹1679.70
prior close
₹1675.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.0+0.3+0.4+0.8+2.5+2.0+7.0+7.2+6.9+7.7+6.0——
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AI summary
Cholamandalam Investment and Finance has allotted 98,124 equity shares of face value Rs.2 each to eligible employees under the company's Employee Stock Option Scheme. The allotment was approved by the Nomination and Remuneration Committee on June 17, 2026. The company will apply for listing of these newly issued shares on NSE and BSE. This is a routine ESOP exercise resulting in minor equity dilution.
Likely market impact
Minor equity dilution from routine ESOP exercise. Negligible impact on share price or shareholder value.