Cholamandalam Investment and Finance Company
Debenture Interest Payment Schedule (Apr‑May 2026)
Date of Announcement: 27 March 2026
Overview
The company has fixed record dates for the payment of interest on five series of its listed debentures. Interest will be paid on the due dates to holders whose names appear in the Statement of Beneficiary Position as of the record dates, in accordance with SEBI (LODR) Regulations, 2015.
Debenture Details
| Series | ISIN | Record Date | Due Date | Maturity Date | Coupon/Yield |
|---|---|---|---|---|---|
| Sr3_Tr1 | INE121A07QW3 | 17‑Apr‑26 | 04‑May‑26 | 04‑Jun‑26 | 8.30% |
| Sr5_Tr1 | INE121A07QY9 | 17‑Apr‑26 | 04‑May‑26 | 04‑May‑28 | 8.40% |
| 641 | INE121A07SB3 | 28‑Apr‑26 | 13‑May‑26 | 13‑May‑27 | 8.58% |
| 622 & 623 | INE121A07QP7 | 30‑Apr‑26 | 18‑May‑26 | 18‑May‑27 | 7.95% |
| 642 | INE121A07SC1 | 07‑May‑26 | 22‑May‑26 | 22‑May‑29 | 8.65% |
Financial Implications
- Cash Outflow: Interest payments will be made on the due dates, representing a predictable cash outflow for the company.
- Yield: Coupon rates between 7.95% and 8.65% are competitive, offering attractive returns for debenture investors.
- Maturity Profile: Staggered maturities provide a mix of short‑term (June 2026) and medium‑term (up to May 2029) exposure.
Investor Considerations
- Credit Risk: Payments are contingent on the company’s ability to generate sufficient cash flow; monitor the firm’s overall leverage and earnings trends.
- Liquidity: Regular interest payouts indicate disciplined liquidity management.
- Regulatory Compliance: The filing satisfies SEBI’s disclosure requirements, reducing regulatory risk.
Outlook
The announcement reflects stable debt servicing practices with no indication of distress or restructuring. While it does not alter the company’s growth narrative, it reinforces confidence for current debenture holders and suggests a moderately positive outlook.
Prepared for investors on 27 March 2026.