Cholamandalam Investment and Finance Company Ltd

IndusInd Bank Ltd, Fusion Finance Ltd, Techno Electric & Engineering Company Ltd and Just Dial Ltd are among the other losers in the BSE's 'A' group today, 22 April 2025.Cholamandalam Investment & Finance Company Ltd tumbled 5.38% to Rs 1569.9 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 95401 shares were traded on the counter so far as against the average daily volumes of 54148 shares in the past one month.IndusInd Bank Ltd crashed 5.05% to Rs 786.25. The stock was the second biggest loser in 'A' group.On the BSE, 11.04 lakh shares were traded on the counter so far as against the average daily volumes of 7.16 lakh shares in the past one month.Fusion Finance Ltd lost 4.68% to Rs 157.7. The stock was the third biggest loser in 'A' group.On the BSE, 73066 shares were traded on the counter so far as against the average daily volumes of 68280 shares in the past one month.Techno Electric & Engineering Company Ltd plummeted 4.37% to Rs 1107.55. The stock was the fourth biggest loser in 'A' group.On the BSE, 28797 shares were traded on the counter so far as against the average daily volumes of 19439 shares in the past one month.Just Dial Ltd shed 4.18% to Rs 985.7. The stock was the fifth biggest loser in 'A' group.On the BSE, 54856 shares were traded on the counter so far as against the average daily volumes of 50178 shares in the past one month.Powered by Capital Market - Live

Cholamandalam Investment & Fin. Co. will hold a meeting of the Board of Directors of the Company on 25 April 2025.Powered by Capital Market - Live

Cholamandalam Investment & Finance Company has allotted 1,17,500 Secured Non-Convertible Securities aggregating to Rs 1175 crore on private placement basis on 26 March 2025. Powered by Capital Market - Live

According to an exchange filing, Subbiah will be a key managerial personnel of the company. He will continue to serve as the non-executive chairman until 31 March 2025. His appointment as executive chairman is for a period of five years, from 1 April 2025 to 31 March 2030. Vellayan Subbiah is a B.Tech in civil engineering from IIT Madras and holds a Master's in Business Administration from the University of Michigan. He has rich experience of over 27 years in consulting, technology, manufacturing and financial services. Vellayan has worked with McKinsey & Co, 24/7 Customer Inc, Tube Investments of India, Sundaram Fasteners and Laserwords in different capacities. Vellayan Subbiah is a recipient of 'EY Entrepreneur of the Year 2023' and was named as the 'EY World Entrepreneur of the Year 2024' for his excellent leadership and bold strategies in transforming businesses and seizing new opportunities through acquisitions and diversifications. Subbiah previously served as the managing director of Cholamandalam Investment and Finance from 19 August 2010 to 18 August 2017. He has been a non-executive director of the company since 11 November 2020 and will continue as the non-executive chairman until 31 March 2025. Additionally, he holds the position of executive vice chairman of Tube Investments of India until 31 March 2025. The company also clarified that Vellayan Subbiah is not related to any of the directors of the company. Cholamandalam Investment & Finance Company is engaged in the business of providing vehicle finance, home loans and loans against property. The company's standalone net profit jumped 24% to Rs 1,086.53 crore on 35.7% surge in total income to Rs 6,812.35 crore in Q3 FY25 over Q3 FY24. The counter shed 0.29% to Rs 1,523.25 on the BSE. Powered by Capital Market - Live

Cholamandalam Investment & Finance Company has appointed Vellayan Subbiah (DIN: 01138759) as a Whole-time Director designated as the Executive Chairman of the Company for a term of 5 years commencing from 1 April 2025 till 31 March 2030 (both days inclusive).Powered by Capital Market - Live

Cholamandalam Investment & Finance Company has allotted 39,730 equity shares under ESOS on 03 February 2025. Powered by Capital Market - Live

Net profit of Cholamandalam Investment & Finance Company rose 24.79% to Rs 1088.21 crore in the quarter ended December 2024 as against Rs 872.02 crore during the previous quarter ended December 2023. Sales rose 34.46% to Rs 6732.98 crore in the quarter ended December 2024 as against Rs 5007.42 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales6732.985007.42 34 OPM %69.7371.81 - PBDT1524.801202.18 27 PBT1465.651156.39 27 NP1088.21872.02 25 Powered by Capital Market - Live

Cholamandalam Investment & Fin. Co. announced that the Board of Directors of the Company at its meeting held on 31 January 2025, has recommended a Interim dividend of Rs.1.30 per share (i.e.65%), subject to the approval of the shareholders.Powered by Capital Market - Live

Union Bank of India, Balkrishna Industries Ltd, Bank of India and Axis Bank Ltd are among the other gainers in the BSE's 'A' group today, 28 January 2025.Cholamandalam Investment & Finance Company Ltd soared 4.77% to Rs 1231.2 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 42766 shares were traded on the counter so far as against the average daily volumes of 41326 shares in the past one month. Union Bank of India surged 4.40% to Rs 110.3. The stock was the second biggest gainer in 'A' group. On the BSE, 13.63 lakh shares were traded on the counter so far as against the average daily volumes of 5.06 lakh shares in the past one month. Balkrishna Industries Ltd spiked 4.32% to Rs 2677.7. The stock was the third biggest gainer in 'A' group. On the BSE, 10741 shares were traded on the counter so far as against the average daily volumes of 4055 shares in the past one month. Bank of India gained 3.84% to Rs 108.3. The stock was the fourth biggest gainer in 'A' group. On the BSE, 11.96 lakh shares were traded on the counter so far as against the average daily volumes of 6.1 lakh shares in the past one month. Axis Bank Ltd exploded 3.54% to Rs 981.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 2.76 lakh shares were traded on the counter so far as against the average daily volumes of 5.32 lakh shares in the past one month. Powered by Capital Market - Live

Cholamandalam Investment & Finance Company has allotted 50,000 Unsecured Subordinated Non-Convertible Securities aggregating Rs 500 crore on private placement basis. Powered by Capital Market - Live