Cholamandalam Investment and Finance Company Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 31, 2025. Further, the company has informed the Exchange regarding voting results.
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Cholamandalam Investment and Finance Company has submitted the voting results and scrutinizer's report for its 47th Annual General Meeting held on July 31, 2025 via video conferencing. All six resolutions were approved by shareholders, with voting turnout around 90.6% (approximately 762 million shares polled out of 841 million). The key resolutions include adoption of standalone and consolidated financial statements for FY25, confirmation of a final dividend of Rs. 0.70 per share (97.4% in favor, with some institutional dissent), re-appointment of director M A M Arunachalam, appointment of BP & Associates as secretarial auditors for five years, and a special resolution to increase borrowing powers up to Rs. 3,00,000 crores which passed with 99.3% support. A total of 194,393 shareholders were on record, with 40 promoter group members and 98 public shareholders attending through video conferencing.
Routine procedural filing with no negative signals. Shareholders have approved an increase in the company's borrowing limit to Rs. 3 lakh crore, signaling management's intent to expand lending operations. The final dividend of Rs. 0.70 per share has been formally confirmed by shareholders.