Cholamandalam Investment and Finance Company Ltd - 511243 - Announcement under Regulation 30 (LODR)-Allotment
Information on allotment of 10,850 equity shares on exercise of Employees Stock Options31-03-2023
Cholamandalam Investment and Finance Company Ltd - 511243 - Announcement under Regulation 30 (LODR)-Allotment
Information on allotment of 10,850 equity shares on exercise of Employees Stock OptionsCholamandalam Investment and Finance Company Ltd - 511243 - Execution Of Share Swap Agreement
We wish to inform you that the Company has, this day, entered into a share swap agreement with TVS Supply Chain Solutions Limited (TVSSCSL), White Data Systems India Private Limited (WDSI) and other shareholders of WDSI for the sale of 12,75,917 equity shares constituting 30.87% held by the Company in WDSI to TVSSCSL. As consideration for sale of WDSI shares, the Company will be issued 22,35,265 Compulsory Convertible Preference Shares of TVSSCSL. Consequently, WDSI will cease to be an associate of the Company upon completion of transaction. The disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed as an annexure.Cholamandalam Investment and Finance Company Ltd - 511243 - Execution Of Share Swap Agreement
We wish to inform you that the Company has, this day, entered into a share swap agreement with TVS Supply Chain Solutions Limited (TVSSCSL), White Data Systems India Private Limited (WDSI) and other shareholders of WDSI for the sale of 12,75,917 equity shares constituting 30.87% held by the Company in WDSI to TVSSCSL. As consideration for sale of WDSI shares, the Company will be issued 22,35,265 Compulsory Convertible Preference Shares of TVSSCSL. Consequently, WDSI will cease to be an associate of the Company upon completion of transaction. The disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed as an annexure.Cholamandalam Investment and Finance Company Ltd - 511243 - Intimation On Appointment Of Chief Risk Officer (CRO)
We wish to inform you that, the Board of Directors at their meeting held yesterday appointed Mr. Ajay Bhatia as the Chief Risk Officer of the Company for a period of 3 years effective April 1, 2023 in place of Mr. Shankar Subramanian who completes his term as Chief Risk Officer at the close of business hours on March 31, 2023.Cholamandalam Investment, Aptus deny talks for merger after media reports
Chola says it 'has not expressed any interest either in the past or present in acquiring' Aptus ValueCholamandalam looking to tap into housing sector with a major stake in Aptus
Talks began after Aptus Promoter and Managing Director M Anandan failed to pick a successor in the family to run the business, CNBC-TV18 has reportedCholamandalam Investment and Finance Company Ltd - 511243 - Announcement under Regulation 30 (LODR)-Allotment
We wish to inform you that the Nomination and Remuneration Committee of the Company has approved the allotment of 65,220 equity shares of Rs.2/- each under the employees stock option scheme. The Company will be applying for the final listing of the above shares on NSE and BSE to complete the rest of the issue formalities.Cholamandalam Investment and Finance Company Ltd - 511243 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Compliance under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI (LODR)')Cholamandalam Investment and Finance Company Ltd - 511243 - Announcement under Regulation 30 (LODR)-Allotment
We wish to inform you that the Nomination and Remuneration Committee of the Company has approved the allotment of 30,630 equity shares of Rs.2/- each to the employees who have exercised their options under the employees stock option scheme. The Company will be applying for the final listing of the above shares on NSE and BSE to complete the rest of the issue formalities.Accumulate Cholamandalam Inv and Fin Co; target of Rs 865: KR Choksey
KR Choksey recommended accumulate rating on Cholamandalam Inv and Fin Co with a target price of Rs 865 in its research report dated February 04, 2023.