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Cholamandalam Securities Limited has released a statement regarding the utilization of issue proceeds. The document, dated April 1, 2026, provides details on how the funds raised have been allocated and used by the company.
The statement offers transparency to investors and stakeholders, outlining the specific purposes for which the capital was deployed. This is a standard practice for companies that have recently issued debt or equity, ensuring accountability and providing clarity on financial management.
The full statement is available on the National Stock Exchange of India’s website.
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