Cholamandalam Investment and Finance Company Limited — Important, 23-10-2024: General Updates

Cholamandalam Investment and Finance Company Limited has received approval from the NSE and BSE for the reclassification of select shareholders from the "Promoter/Promoter Group" category to the "Public" category. The shareholders involved are Valli Arunachalam, M Vellachi, and M/s. M V Murugappan HUF. Following this reclassification, the promoter holdings will decrease from 50.24% to 49.96%, while public holdings will increase from 49.76% to 50.04%.