Cholamandalam Investment and Finance Company (CHOLAFIN) — Corporate Action

Yanmar Coromandel Agrisolutions Private Limited (YCAS), classified as a promoter group member, has requested reclassification to 'Public' category. This follows Coromandel International Limited's shareholding in YCAS declining from 40% to 10.60% after ₹149.72 crores fund infusion by Yanmar Singapore on September 27, 2024, resulting in allotment of 11.09 crore equity shares. With CIL holding below 20%, YCAS no longer meets promoter group definition. YCAS currently holds nil shares in Cholamandalam Investment and Finance Company Limited.

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About Cholamandalam Investment and Finance Company Limited (CHOLAFIN)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,31,794.92 Cr P/E: 31.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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