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——
Up moveDown movePending
AI summary
The Nomination and Remuneration Committee of Cholamandalam Investment and Finance Company approved the allotment of 98,124 equity shares of face value Rs. 2 each to eligible employees on exercise of options under the company employee stock option scheme. The company will apply for final listing of these shares on NSE and BSE to complete issue-related formalities.
Likely market impact
Marginal equity dilution due to ESOP allotment; routine share issuance to employees, minor impact on share count.