Cholamandalam Investment & Finance Company Capital Structure Change
Cholamandalam Investment and Finance Company Limited allotted 30,54,849 equity shares following the conversion of 43,000 Compulsorily Convertible Debentures.
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Cholamandalam Investment and Finance Company Limited allotted 30,54,849 equity shares following the conversion of 43,000 Compulsorily Convertible Debentures.
Cholamandalam Investment and Finance converted 43,000 CCDs into 30,54,849 equity shares. The conversion, priced at ₹1,407.59 per share, amounts to approximately ₹430 Crore.
Cholamandalam Investment and Finance allotted 13,54,940 equity shares. This follows the conversion of 20,000 Compulsorily Convertible Debentures issued earlier via QIP.
Cholamandalam Investment allotted 13,54,940 equity shares following the conversion of Rs. 200 Crore worth of CCDs. This conversion increases the company's total paid-up capital.