Announced Fri, 30 Jan · 17:15 IST

Cholamandalam Investment and Finance Company Limited has informed the Exchange that Board of Directors at its meeting held on January 30, 2026, declared Interim Dividend of Rs. 1.30 per equity share.

Corporate Actions View source PDF

CHOLAFIN · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Cholamandalam Investment and Finance Company (Chola) declared an interim dividend of Rs. 1.30 per equity share at its meeting held on January 30, 2026. Cholamandalam is a leading non-banking finance company (NBFC) primarily focused on vehicle finance, home loans, and SME lending. The record date and payment timeline will be communicated separately as per exchange norms. The dividend amount is per equity share on the company's existing capital structure.

Likely market impact

Provides a modest cash payout to shareholders and signals continued profitability and shareholder-friendly capital allocation, though given Chola's high share price, the dividend yield is quite small and unlikely to drive meaningful stock price movement on its own.