News ArticleCholamandalam Investment and Finance Company to Raise Rs. 5,000 Crore via Qualified Institutions Placement
Company also declares audited standalone and consolidated financials for Q2 and H1 of FY2026 showing a half-year profit after tax of Rs. 3,283.66 crores
Cholamandalam Investment and Finance Company Limited has approved a Qualified Institutions Placement to raise up to Rs. 5,000 crores and announced its audited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, showing total income of Rs. 18,299.83 crores and a profit after tax of Rs. 3,283.66 crores for the half year.
Cholamandalam Investment and Finance Company Limited
Corporate Action
Cholamandalam Investment and Finance Company Limited has approved plans to raise funds up to Rs. 5,000 crores through a Qualified Institutions Placement (QIP) and published its audited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
The fund raising will be conducted by issuing equity shares and/or convertible securities to eligible Qualified Institutional Buyers in one or more tranches. The exact issue price and other terms will be determined as per SEBI regulations and subject to necessary approvals.
The company reported total income of Rs. 18,299.83 crores for the half year ended 30 September 2026, with profit after tax at Rs. 3,283.66 crores for the same period. Earnings per share (basic) stood at Rs. 38.49 for the half year.
Board has also issued a postal ballot notice to shareholders to approve the fund raising through QIP, complying with Companies Act, SEBI regulations, and other applicable laws.
The quarterly standalone financials show total revenue from operations at Rs. 9,243.59 crores for the quarter ended 30 September 2026, and a profit before tax of Rs. 2,188.29 crores.
The Board meeting was held on 28 October 2026, and included approvals of the audited results, fund raising proposal, and issuing electoral process notices to shareholders.
Highlights
- Qualified Institutions Placement proposed to raise up to Rs. 5,000 crores in one or more tranches.
- Audited standalone and consolidated financial results approved for quarter and half year ended 30 September 2026.
- Total income for half year at Rs. 18,299.83 crores; profit after tax at Rs. 3,283.66 crores.
- Earnings per share (basic) of Rs. 38.49 for the half year.
- Postal ballot notice will be issued to shareholders for fund raising approval.
Key Data Snapshot
What happened
- Cholamandalam Investment and Finance Company Limited approved audited standalone and consolidated financials for the quarter and half year ended 30 September 2026.
- The Board approved raising funds up to Rs. 5,000 crores by issuing equity shares and/or convertible securities via a Qualified Institutions Placement.
- Postal ballot notice will be issued to shareholders for approval of the fund raising proposal.
- The audited financial results include total income of Rs. 18,299.83 crores and profit after tax of Rs. 3,283.66 crores for the half year ended 30 September 2026.
Key details
- QIP issuance price and terms will be determined per SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
- Fund raising subject to receipt of regulatory and shareholder approvals.
- Quarterly standalone revenue from operations was Rs. 9,243.59 crores and profit before tax Rs. 2,188.29 crores.
- Earnings per share for half year are Rs. 38.49 (basic) and Rs. 38.42 (diluted).
Financial performance
- Total income for half year ended 30 September 2026 stood at Rs. 18,299.83 crores including other income of Rs. 222.86 crores.
- Total expenses for the half year were Rs. 13,891.05 crores covering finance costs, impairment, employee benefits, depreciation, and others.
- Profit before tax for the half year was Rs. 4,408.78 crores, and profit after tax was Rs. 3,283.66 crores.
- The company reported comprehensive income net of tax of Rs. 3,391.67 crores for the half year.
Regulatory and governance context
- The QIP will follow Chapter VI of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
- Postal ballot under section 110 of the Companies Act, 2013 will be used to seek shareholder approval for the QIP.
- Audited results and disclosures are submitted under Regulation 33 and 52 of SEBI Listing Regulations.
Highlights
- Qualified Institutions Placement proposed to raise up to Rs. 5,000 crores in one or more tranches.
- Audited standalone and consolidated financial results approved for quarter and half year ended 30 September 2026.
- Total income for half year at Rs. 18,299.83 crores; profit after tax at Rs. 3,283.66 crores.
- Earnings per share (basic) of Rs. 38.49 for the half year.
- Postal ballot notice will be issued to shareholders for fund raising approval.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- Companies Act, 2013
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