Announced Mon, 6 Jul · 20:14 IST
Cholamandalam 48th AGM on Jul 28; Rs 0.70 final dividend, borrowing limit hike to Rs 4 lakh cr
Board & Shareholder Meetings View source PDF
CHOLAFIN · price
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Price reaction · full curve 14 horizons · vs prior close
-4.6%1-day move
₹1851.40
prior close
₹1862.00
base price
After-mkt
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+0.3+0.6+0.5+0.5-4.6-2.6-2.3-2.3-4.4-3.2————
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AI summary
Cholamandalam will hold its 48th AGM on July 28, 2026 at 3:30 PM via video conferencing. E-voting runs Jul 24-27. Items: adopt FY26 financials, confirm Rs 1.30 interim dividend already paid, declare Rs 0.70 final dividend (total FY26 Rs 2.00 per share), re-appoint MD Ravindra Kundu, and raise borrowing limit from Rs 3 lakh cr to Rs 4 lakh cr. Current borrowings Rs 2.10 lakh cr; capital adequacy 19.21%.
Likely market impact
Routine AGM items. Total FY26 dividend Rs 2.00 per share. Borrowing limit hike from Rs 3 to Rs 4 lakh cr signals growth appetite.