Page 2 - Cholamandalam Investment And Finance Company

Cholamandalam Financial to invest Rs 350 cr in Chola Investment and Finance

Proposed investment to be subject to Sebi and other regulatory approvals

Cholamandalam Finance raises Rs 400 crore Tier-II debt from CDC Group

The fund is raised through 10-year Rupee Denominated Masala Bonds

Cholamandalam Financial Holdings pre-tax profit up 21.5% to Rs 596 cr in Q2

Cholamandalam Investment & Finance Company Ltd, in which the Company holds 46.5 per cent stake, disbursed Rs 15,954 crore for the half year ended September 2019

Cholamandalam eyes mortgage-finance segment, to offer Rs 15 lakh loans

The company will target buyers of low-cost homes and offer loans of as much as Rs 15 lakh

Cholamandalam Q4 net up 33% at Rs 2.9 bn on robust vehicle finance biz

Profit for FY18 up 35.5% to Rs 9.7 billion, loan disbursements up 35.1%

Cholamandalam Investment to set up a housing finance company as an unit

Cholamandalam Investment and Finance Company Ltd has said that it is planning to launch a Housing Finance Company (HFC) and to raise around Rs 3,500 crore ($500 million) by issuing 3,500 masala bonds in one or more tranches. The bonds will be issued in the nature of secured redeemable, non convertible debentures of a face value of Rs 1 crore each.The company, in a regulatory filing today said that the Board of Directors has considered and approved "Setting up of a Housing Finance Company (HFC) as a subsidiary and approved necessary authorisations to make an application to National Housing Board and do the needful in this connection."The International Finance Corporation (IFC) has recently said that it would invest around $75 million in first rupee-denominated offshore bond (Masala bond) of Cholamandalam Investment and Finance Company Limited (CIFCL), part of the Chennai-based Murugappa Group.The Masala bond issuance with IFC's support will open an entirely new funding source (foreign .

Dynasty Acquisition sells Rs 300 crore shares in Cholamandalam Investment

According to the bulk deal data with NSE, the investor sold 2.7 million shares for a trade price of Rs 1,100.54 apiece

Cholamandalam Investment to beef up retail outlets in FY17

The company plans to add 150 new branches across the country to the existing 571

Chola net profit up 50%

Total income from operations grew 12.6% to Rs 1,114.81 crore during the quarter, compared with Rs 990.46 crore during the year-ago period

Cholamandalam Investment hits new high; surges over 30% post Q4 results

Since April 29, the stock outperformed the market by surging 32% as compared to 5% rise in Sensex.

Cholamandalam Investment hits lifetime high

The stock hit new high of Rs 892, has rallied 12% in past three-trading sessions from Rs 796 on April 29, post Q4 results.