Meeting Details

The 77th Annual General Meeting of Cholamandalam Financial Holdings Limited was held at 2:30 PM on August 14, 2026 through electronic mode via Video Conference. The meeting was chaired by Mr. M M Murugappan.

Attendance

Board members present: Mr. Ramaratnam, Mrs. Vasudha Sundararaman, Mr. K Balasubramanian, Mr. Sridharan Rangarajan, and Mr. Vellayan Subbiah (joined virtually).

Senior management present: Mrs. E Krithika (Company Secretary) and Mr. Shyam Shankar (Manager & Chief Financial Officer).

Representatives from subsidiary companies: Mr. Ganesh N from Cholamandalam Investment and Finance Company Limited, and Mr. Rajive Kumaraswami (Managing Director) and Mr. Santosh Pandey (Chief Financial Officer) from Cholamandalam MS General Insurance Company Limited.

Auditors present: Mr. Venkatakrishnan and Mr. Viswanathan from M/s. R.G.N Price & Co. (Statutory auditors), and Ms. Srinidhi Sridharan from M/s. Sridharan & Sridharan Associates (Secretarial auditor) who also served as Scrutinizer for the e-voting process.

Business Transacted

The following items from the Notice dated May 8, 2026 were approved:

1. Adoption of Audited Standalone Financial Statements for year ended March 31, 2026 along with Reports of Board of Directors and Independent Auditors

2. Adoption of Audited Consolidated Financial Statements for year ended March 31, 2026 and Independent Auditors' Report

3. Approval of Final Dividend for financial year ended March 31, 2026

4. Re-appointment of Mr. Vellayan Subbiah as director retiring by rotation

5. Appointment of Mr. Shyam Shankar as Manager for five years with effect from June 15, 2026

Key Announcements

  • The statutory auditor's report on financial statements contained no qualifications, observations, or adverse comments
  • The secretarial auditor's report contained no qualifications, observations, or adverse remarks
  • Mr. Murugappan delivered an address covering financial services industry update, company performance during FY25-26, and group entities' performance
  • Standalone and consolidated financial results for quarter ended June 30, 2026 were announced (approved by Board earlier the same day)

Voting Process

The company provided electronic voting facility through NSDL's e-voting platform to all members as of cut-off date August 7, 2026. E-voting was also made available during the meeting session for shareholders who had not exercised remote e-voting. Ms. Srinidhi Sridharan was appointed as Scrutinizer for the electronic voting process.

Shareholder Queries

Queries from registered speakers were addressed, primarily concerning key ratios of the company and operational matters of the insurance subsidiary.

Results Disclosure

The voting results along with scrutinizer's report will be placed on the company's website (www.cholafhl.com) and communicated to stock exchanges on or before August 18, 2026.

Meeting Duration

The meeting commenced at 2:30 PM and concluded at 3:30 PM.