Cholamandalam Investment and Finance Company Limited has informed the Exchange regarding allotment of 500000 securities pursuant to Non Convertible Securities at its meeting held on May 27, 2026

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

-2.0%Reaction day

₹1580.00

prior close

₹1590.40

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-1.5%-0.6% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector-0.2%-1.8% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty 100 and 1.8 pts less 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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30m

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Sessions after the filingfrom the prior close

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Reaction day

-2.0-1.5-0.6-0.2-1.8

Next day

-5.6-2.3-3.2-1.0-4.5

-6.4-1.9-4.5-1.3-5.1

-6.7-2.3-4.5-1.9-4.8

-6.1-2.2-3.9-1.6-4.5

-4.7-2.3-2.4-1.8-2.9

-5.1-2.8-2.3-2.2-2.9

15d

+7.1+0.5+6.7-0.8+7.9

+13.0+0.0+13.0-1.9+14.9

+13.9+1.3+12.5-1.8+15.7

+17.6+1.1+16.5+0.0+17.6

UpDownMarket · Nifty 100Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

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

AI summary

Cholamandalam Investment and Finance Company Limited (CIFCL), a non-banking finance company, has allotted 500,000 Secured Non-Convertible Securities through a private placement on NSE's Electronic Book Building platform. The total amount raised is Rs 5,000 crores with a tenure of 2 years and 9 months, maturing on February 27, 2029. The securities carry a coupon rate linked to 3-month T-Bill plus 2.75%, with the first reset coupon at 8.12%. Interest payments are due annually and on maturity. The issuance is secured at 1x and listed in the Wholesale Debt Market segment of NSE. There are no delays in payments or defaults reported.

Likely market impact

This Rs 5,000 crore debt issuance strengthens CIFCL's funding base to support its lending activities. As a secured NCD with moderate coupon rates, it reflects stable credit conditions for the NBFC. The issuance has no direct impact on equity holders but supports the company's asset growth trajectory.