Cholamandalam Financial Holdings Limited has informed the Exchange that Board of Directors at its meeting held on May 08, 2026, recommended Final Dividend of Rs. 1.30 per equity share.
CHOLAHLDNG · price
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Cholamandalam Financial Holdings reported FY2026 standalone profit after tax of Rs. 70.41 Crores, up 9.3% from Rs. 64.40 Crores in FY2025. On a consolidated basis, the company posted total income of Rs. 39,575.77 Crores and PAT of Rs. 5,485.18 Crores, both showing strong double-digit growth of ~18% and ~16% respectively year-on-year. The Board recommended a final dividend of Rs. 1.30 per equity share (130% payout on Re. 1 face value), payable after shareholder approval at the 77th AGM scheduled for August 14, 2026, with August 7, 2026 as the record date. Additionally, CFO Mr. N. Ganesh is resigning effective June 14, 2026 (citing professional reasons), to be succeeded by Mr. Shyam Shankar, a Chartered Accountant with over 20 years of finance experience.
The dividend and improved financial performance signal the company's financial stability and shareholder-friendly approach. The leadership transition in the CFO role appears orderly with minimal disruption risk given the overlap in transition dates.