Cholamandalam Investment and Finance Company (CIFCL) is planning to raise funds by way of preferential issue to promoter/s at a price to be determined under Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The meeting of the Board of Directors of the company scheduled to be held on January 23, 2020 to consider the same.
Cholamandalam Investment and Finance Company is among the top 5 NBFC’s in the country operating in vehicle finance, home equity, corporate and mortgage finance segments with subsidiaries in the broking and wealth advisory space.
