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Cholamandalam Allots Over 88,000 Shares Under Employee Stock Option

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Cholamandalam Allots Over 88,000 Shares Under Employee Stock Option

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Cholamandalam Investment and Finance Co. Ltd. ( (IN:CHOLAFIN) ) just unveiled an announcement.

Cholamandalam Investment and Finance Company Limited announced the allotment of 88,583 equity shares following the exercise of employee stock options. This move is part of the company’s employee stock option scheme, and the shares will be listed on the National Stock Exchange and Bombay Stock Exchange, reflecting the company’s commitment to rewarding its employees and potentially enhancing its market presence.

More about Cholamandalam Investment and Finance Co. Ltd.

Cholamandalam Investment and Finance Company Limited operates in the financial services industry, focusing on providing investment and finance solutions. The company offers a range of financial products and services, including loans and investment options, catering primarily to the needs of individuals and businesses in India.

Average Trading Volume: 69,700

Technical Sentiment Signal: Buy

Current Market Cap: 1444B INR

See more data about CHOLAFIN stock on TipRanks’ Stock Analysis page.

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