Cholamandalam Investment and Finance Company (CIFCL) has informed that the compensation & nomination committee has approved an allotment of 1433 equity shares of Rs. 10 each to the option grantee who has exercised his options and further will apply for the final listing of the above shares on NSE and BSE and complete the rest of the issue formalities.
The above information is a part of company's filings submitted to BSE.