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Cholamandalam
BSE: 511243NSE: CHOLAFINISIN: INE121A01024

2nd-Sep-2015 15:22Source: NSE

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited has informed the Exchange that The Board of Directors of the Company have on September 02, 2015 approved the following:1) payment of an interim dividend out of the profits of the Company for FY 2015-16, at 1% being Re.1/- per share payable proportionate for the period from 1st April 2015 to 2nd September 2015 and2) conversion of CCPS into equity shares and allotted 1,22,85,012 equity shares of Rs.10/- each at a conversion price of Rs.407/- (including a premium of Rs.397/-) per equity share in favour of M/s. Dynasty Acquisition (FDI) Ltd.The Company will be applying for the final listing of the above equity shares on NSE and BSE.

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