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Cholamandalam Investment Allocates 98,980 Equity Shares Under ESOP

Story Highlights
  • Cholamandalam Investment focuses on loans and finance solutions for diverse sectors in India.
  • The company has allotted 98,980 equity shares under its ESOP plan, enhancing employee participation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cholamandalam Investment Allocates 98,980 Equity Shares Under ESOP

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An announcement from Cholamandalam Investment and Finance Co. Ltd. ( (IN:CHOLAFIN) ) is now available.

Cholamandalam Investment and Finance Company Limited has announced the allotment of 98,980 equity shares through its employee stock option scheme. This move highlights the company’s commitment to employee inclusivity in its growth journey and indicates steps to finalize the formalities for listing these shares on major Indian stock exchanges, the NSE and BSE.

More about Cholamandalam Investment and Finance Co. Ltd.

Cholamandalam Investment and Finance Company Limited operates in the financial services sector, specializing in providing loans and financial products. It focuses on vehicle finance, home loans, small and medium enterprise loans, and stockbroking services to cater to a wide market across India.

Average Trading Volume: 57,329

Technical Sentiment Signal: Buy

Current Market Cap: 1446.5B INR

For a thorough assessment of CHOLAFIN stock, go to TipRanks’ Stock Analysis page.

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