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An announcement from Cholamandalam Investment and Finance Co. Ltd. ( (IN:CHOLAFIN) ) is now available.
Cholamandalam Investment and Finance Company Limited has submitted an application to reclassify two members of its promoter group, Yanmar Coromandel Agrisolutions Private Limited and Coromandel Engineering Company Limited, to the public category. This move, approved by the company’s Board of Directors, is in compliance with Regulation 31A of the SEBI Listing Regulations and indicates a strategic shift in the company’s ownership structure, potentially impacting its market positioning and stakeholder dynamics.
More about Cholamandalam Investment and Finance Co. Ltd.
Cholamandalam Investment and Finance Company Limited operates in the financial services industry, focusing on providing a range of financial products including vehicle finance, home loans, and SME loans. The company primarily targets retail and corporate clients, aiming to facilitate financial inclusion and economic growth.
Average Trading Volume: 56,001
Technical Sentiment Signal: Buy
Current Market Cap: 1431.7B INR
For detailed information about CHOLAFIN stock, go to TipRanks’ Stock Analysis page.