Leading NBFC Awards Rs 540 Crore Order for Chennai Corporate Office

Leading NBFC Awards Rs 540 Crore Order for Chennai Corporate Office

Cholamandalam Investment and Finance 33-month project awarded for corporate office construction in Chennai’s Guindy area

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Cholamandalam Investment and Finance's share price closed at 3.87 per cent higher at Rs 1,474 on Thursday, March 26, 2026, after the company disclosed that it has awarded a works contract for the Construction of its new Corporate Office building in Chennai.

Cholamandalam Awards Rs 540 Crore Construction Contract to Kalpataru Projects International

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Cholamandalam Investment and Finance has awarded a works contract worth Rs 540 crore to Kalpataru Projects International Limited, a domestic entity, for the construction of its Corporate Office building located at 18 and 18/1, Velachery Main Road, Guindy, Chennai. The contract is to be executed over a period of 33 months. 

The company has clarified that no promoter or promoter group company holds any interest in Kalpataru Projects International Limited and the contract does not fall within related party transactions.

Cholamandalam Shareholding Pattern

As of December 2025, promoter holding stood at 49.72 per cent, compared to 51.47 per cent in March 2023. FII shareholding was at 26.56 per cent, up from 19.63 per cent over the same period. DII holding stood at 17.54 per cent, compared to 21.45 per cent in March 2023. Public shareholding was 6.16 per cent, largely within the 6 per cent range across the period. The number of shareholders increased from 1,21,184 in March 2023 to 1,70,050 in December 2025.

About Cholamandalam Investment and Finance Company 

Cholamandalam Investment and Finance Company Limited is a part of the Murugappa Group and is one of India's leading non-Banking financial companies. The company offers a wide range of financial products, including vehicle finance, home loans, home equity loans, SME loans and consumer and small enterprise loans, serving customers across both urban and rural India.

The company has a market capitalisation of Rs 1,25,546 crore, with ROCE at 10.3% and ROE at 19.7%. It has reported a profit CAGR of 32.3% over the last five years, while median sales growth stood at 20.5% over the past ten years.

The stock has delivered a return of -15.68 per cent over the past one month, -6.11 per cent over the last six months, and -3.17 per cent over the one-year period.

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Disclaimer: The article is for informational purposes only and not investment advice.