Conversion

July 8, 2026 The Secretary The Secretary National Stock Exchange of India Limited BSE Ltd. Capital Market – Listing, Exchange Plaza, 25th Floor, Phiroze Jeejeebhoy Towers 5th Floor, Plot No. C/1, G Block, Dalal Street, Fort Bandra-Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051 NSE SCRIP CODE: CHOLAFIN EQ BSE SCRIP CODE: 511243 Dear Sir/Madam, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Allotment of 13,54,940 Equity Shares pursuant to the conversion of 20,000 Compulsorily Convertible Debentures (CCDs) The Company vide intimation dated 5 October, 2023 had informed stock exchanges regarding the allotment of 2,00,000, 7.5% CCDs of face value Rs. 1,00,000/- each to eligible qualified institutional buyers at an Issue Price of Rs. 1,00,000/- per CCD. Further, pursuant to the placement document, the CCDs have an early conversion option on or after 30 September, 2025. The Company has received an application from one CCD holder during the conversion window of 1 July, 2026 to 7 July, 2026, for optional conversion of CCDs into equity shares. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (the “SEBI LODR Regulations”), we hereby inform you that the QIP Committee of the Board of Directors of the Company has approved the conversion of 20,000 (Twenty Thousand) Compulsorily Convertible Debentures (“CCDs”) of face value of Rs. 1,00,000/- each into 13,54,940 (Thirteen Lakh Fifty-Four Thousand Nine Hundred and Forty) equity shares of face value of Rs. 2/- (Rupees Two) each (“Equity Shares”) of the Company at a conversion price of Rs. 1476.08/- (Rupees One Thousand Four Hundred and Seventy-Six and Eight Paisa) per equity share. The conversion price is computed at 16.50% discount to the seven trading days volume weighted average price of equity shares of the Company traded on NSE preceding 1 July, 2026 as per the terms of the issue of CCDs. 1. The Equity Shares so allotted rank pari-passu with the existing equity shares of the Company in all respects, including as to dividends and voting rights and will be listed on BSE Limited and National Stock Exchange of India Limited. 2. The issued and paid-up capital of the Company prior to and post allotment of the Equity Shares is as indicated below: Particulars Before Allotment After Allotment No. of Shares Value (face value No. of Shares Value (face value of Rs. 2/- each) in of Rs. 2/- each) in Rs. Rs. Issued Capital 853341866 1706683732.00 854696806 1709393612.00 Paid-up Capital 852658096 1705316192.00 854013036 1708026072.00 We request you to take the above on record and treat the same as compliance under Regulation 30 of the SEBI LODR Regulations. Thanking you, Yours faithfully, For Cholamandalam Investment and Finance Company Limited P. Sujatha Company Secretary