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Cholamandalam Financial to Transfer Unclaimed Shares to IEPF

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Cholamandalam Financial to Transfer Unclaimed Shares to IEPF

TipRanks Cyber Monday Sale

Cholamandalam Financial Holdings Ltd ( (IN:CHOLAHLDNG) ) has provided an update.

Cholamandalam Financial Holdings Limited announced the proposed transfer of certain equity shares to the Investor Education and Protection Fund (IEPF). This action pertains to shares for which dividends have not been claimed or encashed for seven consecutive years, in compliance with regulatory requirements. This move underscores the company’s adherence to financial regulations and may impact shareholders who have not claimed their dividends.

More about Cholamandalam Financial Holdings Ltd

Cholamandalam Financial Holdings Limited, formerly known as TI Financial Holdings Limited, operates in the financial services industry. The company is based in Chennai, India, and focuses on providing a range of financial products and services, including investments and asset management.

Average Trading Volume: 7,735

Technical Sentiment Signal: Buy

Current Market Cap: 354.7B INR

See more data about CHOLAHLDNG stock on TipRanks’ Stock Analysis page.

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