Description
Listing of 22,42,436 equity shares allotted to QIPs pursuant to conversion of warrants issued on QIP basis, effective November 26, 2025.
Summary
BSE has announced the listing of 22,42,436 equity shares of Cholamandalam Investment and Finance Company Ltd (Scrip Code: 511243, ISIN: INE121A01024) with effect from November 26, 2025. These shares were allotted to Qualified Institutional Placements (QIPs) pursuant to the conversion of warrants issued on a QIP basis.
Key Points
- 22,42,436 equity shares of Rs. 2/- each listed and admitted for trading
- Shares allotted to QIPs following warrant conversion
- Scrip Code: 511243
- ISIN: INE121A01024
- Shares rank pari-passu with existing equity shares
- Issue price: Rs. 1,369.05 per share
- Distinctive Numbers: 841399033 to 843641468
Regulatory Changes
No regulatory changes. This is a standard listing procedure for shares issued under QIP.
Compliance Requirements
Trading members are informed to note the listing of these securities for trading purposes on the BSE platform.
Important Dates
- Date of Allotment: October 8, 2025
- Effective Trading Date: November 26, 2025
- Notice Date: November 25, 2025
Impact Assessment
Market Impact: Low - Routine QIP conversion and listing with minimal dilution impact.
Operational Impact: Standard listing procedure requiring trading members to update their systems for the new shares. The shares are fungible with existing equity shares and trade under the same scrip code.
Shareholder Impact: Minimal dilution from warrant conversion completed at premium pricing (Rs. 1,369.05), indicating positive investor sentiment.
Impact Justification
Routine listing of equity shares from warrant conversion under QIP. No material impact on existing shareholders or market operations.