At meeting held on 27 July 2017
The Board of Cholamandalam Investment & Finance Company at its meeting held on 27 July 2017 approved the following -Issue of 1 lakh secured or unsecured NCDs of face value of Rs 10 lakh each aggregating Rs 10,000 crore on private placement basis;
Issue of 10,000 unsecured redeemable NCDS of face value of Rs 10 lakh each aggregating Rs 1000 crore on private placement basis;
Issue of 5000 unsecured redeemable NCDS of face value of Rs 10 lakh each aggregating Rs 500 crore on private placement basis.
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