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Cholamandalam Investment and Finance Co. Ltd. ( (IN:CHOLAFIN) ) has shared an announcement.
Cholamandalam Investment and Finance Company Limited has allotted 40,600 equity shares of Rs 2 each to employees following the exercise of options under its employee stock option scheme. The company will now seek final listing and trading approval for these newly issued shares on the National Stock Exchange of India and BSE, marginally increasing its equity base and reinforcing its use of stock-based incentives to attract and retain talent.
More about Cholamandalam Investment and Finance Co. Ltd.
Cholamandalam Investment and Finance Company Limited is a non-banking financial company engaged in providing a range of financial services in India, with a focus on lending and investment products for retail and corporate customers, and its shares are listed on both the National Stock Exchange of India and BSE.
Average Trading Volume: 67,562
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1377B INR
For detailed information about CHOLAFIN stock, go to TipRanks’ Stock Analysis page.