Announced Thu, 10 Jul · 13:14 IST

The Exchange had sought clarification from Cholamandalam Financial Holdings Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results not signed by authorized signatory/ies The response of the Company is enclosed.

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AI summary

NSE had sought clarification from Cholamandalam Financial Holdings regarding the audited financial results for the year ended March 31, 2025, noting that the results were not signed by an authorized signatory. The company clarified that Chairman Mr. M M Murugappan was granted leave of absence for the May 9, 2025 board meeting, and the Board passed a resolution authorizing Director Mr. B Ramaratnam to chair the meeting and sign the financial results. A certified true copy of the board resolution has been shared with the exchange as supporting evidence.

Likely market impact

This is a routine procedural clarification with no material impact on the company's financials or operations. The financial results themselves remain approved and valid; only the signing authority was questioned and adequately explained.