Cholamandalam Investment and Finance Company Limited — Others, 09-07-2025: Shareholders meeting

Cholamandalam Investment and Finance Company Limited has announced a board meeting for July 31, 2025, to approve the financial results for the quarter and half-year. The company has recommended a final dividend of 35% (₹0.70 per equity share), adding to the interim dividend of 65% already paid, making the total dividend 100% for the fiscal year. In the AGM agenda, the re-appointment of Mr. M. A. M. Arunachalam as director liable to retire by rotation is proposed. The Board has also recommended appointing M/s. BP & Associates as Secretarial Auditors for five years starting FY 2025-26, replacing the outgoing firm, with an increased remuneration reflecting growing regulatory complexity. Additionally, members will vote on increasing the company’s borrowing limit from ₹2,00,000 crore to ₹3,00,000 crore to support its expanding operations and funding needs.