Cholamandalam submits BRSR for FY26, reports EV lending growth
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Cholamandalam submitted its Business Responsibility and Sustainability Report for FY26. The company runs 1,761 offices with 51,327 employees and lends mainly in vehicle finance, home loans, and SME loans (94 percent of turnover of 30,981 crores). EV loan disbursements grew to 628.75 crores from 525.46 crores. Capex on sustainability tech was 27.02 crores. Customer complaints rose sharply to 21,036 from 5,113 last year. Data privacy and climate change flagged as key risks. All 9 NGRBC principles covered, reasonable assurance obtained.
Routine ESG compliance filing. Highlights EV lending growth, large workforce, and rising customer complaint trend worth watching.