Key Dates

  • AGM Date: 28 July 2026
  • Meeting Time: 3:30 PM to 4:16 PM
  • Notice Date: 30 April 2026
  • Financial Year Ended: 31 March 2026
  • Quarter Ended: 30 June 2026

Parties Involved

  • Stock Exchanges: National Stock Exchange of India Limited (Scrip Code: CHOLAFIN EQ) and BSE Limited (Scrip Code: 511243)
  • Chairman: Mr. Vellayan Subbiah (Executive Chairman)
  • Managing Director: Mr. Ravindra Kumar Kundu
  • Company Secretary: P Sujatha
  • Absent Director: Ms. Bhama Krishnamurthy (Independent Director, absent due to personal reasons)
  • Other Participants: Chief Financial Officer, Joint Statutory Auditors, Secretarial Auditors
  • Service Provider: National Securities Depository Limited (NSDL) for remote e-voting facilities

Business Transactions

Five resolutions were transacted at the AGM:

1. Adoption of standalone financial statements together with the Board's report and auditor's report for the financial year ended 31 March 2026

2. Adoption of consolidated financial statements together with the auditor's report for the financial year ended 31 March 2026

3. Confirmation of interim dividend of ₹1.30 per share already paid for FY 2025-26 and declaration of final dividend of ₹0.70 per share on outstanding equity shares for the year ended 31 March 2026

4. Re-appointment of Mr. Ravindra Kumar Kundu as Director retiring by rotation

5. Approval for increase in borrowing powers of the Company under section 180(1)(a) and 180(1)(c) of the Companies Act, 2013 up to a sum not exceeding ₹4,00,000 crores

Meeting Proceedings

The AGM was conducted through video conferencing in compliance with Companies Act 2013, Rules thereunder, Secretarial Standards, and circulars from Ministry of Corporate Affairs and SEBI.

The Chairman delivered an address highlighting the Company's business segment performance, key initiatives, technological capabilities, ESG initiatives, and CSR initiatives for FY 2025-26.

The Managing Director presented key highlights and financial update for FY 2025-26 and the quarter ended 30 June 2026, which had been approved by the Board earlier the same day.

Shareholder queries regarding accounts, performance, and operations during FY 2025-26 were addressed by the Chairman through moderator Mr. Sameer Shah.

Voting and Documentation

  • Remote e-voting facility was provided through NSDL
  • Voting results were scheduled to be declared within two working days from meeting conclusion
  • Results and Scrutiniser's Report will be available on Company website and sent to stock exchanges
  • Annual Report and Notice were sent electronically to shareholders with registered email addresses
  • Physical copies were sent to shareholders who specifically requested them

Auditor Reports

The joint statutory auditors' report on financial statements and secretarial auditor's report for year ended 31 March 2026 contained no qualifications, observations, comments, or adverse remarks on financial transactions or matters having adverse effect on Company functioning.

#Tags: #Cholamandalam #AGM #SEBIDisclosure #RegulatoryCompliance #Dividend #Neutral