Cholamandalam Investment and Finance Company Limited has informed the Exchange regarding allotment of 175000 securities pursuant to Non Convertible Securities at its meeting held on Jun 06, 2025

Fund Raising View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+3.2%Reaction day

₹1591.00

prior close

₹1620.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.5%+2.7% vs market

Non Banking Financial Company (NBFC) peers, median of 199sector+0.2%+3.0% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty 100 and 3.0 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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Sessions after the filingfrom the prior close

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Reaction day

+3.2+0.5+2.7+0.2+3.0

Next day

+2.5+0.6+1.9+0.4+2.1

+1.1+0.7+0.5+0.5+0.6

-0.7-0.5-0.2-0.1-0.6

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-1.6-0.3-1.3+0.0-1.6

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15d

+2.3+2.0+0.4+0.0+2.3

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-6.9-1.8-5.1-4.4-2.5

-5.3-0.6-4.8-3.2-2.2

UpDownMarket · Nifty 100Sector · Non Banking Financial Company (NBFC) peers, median of 199Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Cholamandalam Investment and Finance Company has allotted 175,000 secured non-convertible securities (NCDs) on June 6, 2025, raising ₹1,750 crores through a private placement on the NSE Electronic Book Platform (EBP). This includes a green shoe option of ₹500 crores. The securities have a tenure of 721 days (approximately 2 years), maturing on May 28, 2027, with an annual coupon rate of 7.38% and a reissuance yield of 7.43%. The securities are listed on the Wholesale Debt Market (WDM) segment of NSE and are secured at 1x asset cover.

Likely market impact

The successful ₹1,750 crore NCD raise at a competitive 7.38% coupon reflects strong investor appetite for Chola's debt instruments and helps diversify its funding base. For equity shareholders, this is debt dilution rather than equity dilution, so there is no direct impact on shareholding, though it supports the company's lending growth.