Cholamandalam Investment and Finance Company (CHOLAFIN) — Corporate Action

The Board approved a Rs.2000 crore secured term loan from Union Bank of India, a Rs.750 crore commercial paper issuance to Tata Mutual Fund, and increased borrowing powers to Rs.200,000 crores. It also authorized up to Rs.822 crores in vehicle finance receivables securitization and appointed B. Thiyagarajan & Co as BRSR Assurance Provider for Rs.1.25 lakhs.

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About Cholamandalam Investment and Finance Company Limited (CHOLAFIN)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,31,794.92 Cr P/E: 31.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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