Cholamandalam Investment and Finance Company Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Cholamandalam Investment and Finance Company has announced the results of a postal ballot for the re-appointment of Mr. Anand Kumar (DIN: 00818724) as an Independent Director for a second term of five consecutive years, from 16 March 2026 to 15 March 2031. The special resolution was passed with the requisite majority, receiving 96.61% votes in favour (74,50,27,765 shares) and only 3.39% against (2,61,78,985 shares) out of 1,450 shareholders who participated via remote e-voting. The e-voting period ran from 7 February 2026 to 8 March 2026, and the scrutinizer, Mr. R. Sridharan of R. Sridharan & Associates, has confirmed the process was conducted properly. The results have been submitted to BSE and NSE and posted on the company's website.
This is a routine governance filing confirming continuity on the board. The overwhelming shareholder approval (96.61%) signals strong investor support for the re-appointment and is unlikely to have any material impact on the stock price.