Cholamandalam Investment and Finance : Allotment of Securities
February 02, 2022 at 08:09 am EST
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February 2, 2022
The Secretary
The Secretary
National Stock Exchange of India Limited
BSE Ltd.
Capital Market - Listing, Exchange Plaza,
25th Floor, Phiroze Jeejeebhoy Towers
5th Floor, Plot No. C/1, G Block,
Dalal Street, Fort
Bandra-Kurla Complex, Bandra (E),
Mumbai 400 001
Mumbai 400 051
NSE SCRIP CODE: CHOLAFIN EQ
BSE SCRIP CODE: 511243
Dear Sir,
Sub: Information on allotment of 500 equity shares on exercise of Employees Stock Options
We wish to inform you that the Nomination and Remuneration Committee of the Company has approved allotment of 500 equity shares of Rs.2/‐ each to employee who has exercised his 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.
Kindly take the above on record.
Thanking you,
Yours faithfully,
For Cholamandalam Investment and Finance Company Limited
Sujatha Company Secretary
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Cholamandalam Investment and Finance Company Limited published this content on 02 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2022 13:08:03 UTC.
Cholamandalam Investment and Finance Company Limited is an India-based equipment financing company. The Company offers vehicle finance, home loans, loans against property, small and medium enterprises (SME) loans, consumer and small enterprise loans, secured business and personal loans, insurance agency, mutual fund distribution and a variety of other financial services to customers. Its segments include Vehicle Finance, Loan against property, Home Loans and Other loans. The Vehicle Finance Loans segment provides loans to customers against the purchase of new/used vehicles, tractors, construction equipment and loans to automobile dealers. Loan against property segment provides loans to customers against immovable property. The Home Loans segment provides loans for the acquisition of residential property. Its Other loans segment offers loans against shares and other unsecured loans. Its subsidiaries include Cholamandalam Securities Limited and Cholamandalam Home Finance Limited.