Cholamandalam Investment and Finance Company Limited has received board approval for the reclassification of Algavista Greentech Private Limited from promoter group to public category under SEBI regulations. The decision was taken at the board meeting held on January 30, 2026, following a formal request received from Algavista Greentech on December 18, 2025.

Board Approval and Regulatory Compliance

The board of directors considered the reclassification request and confirmed Algavista Greentech's eligibility pursuant to Regulation 31A(3)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The approval was granted in accordance with the requirements under Regulation 31A of the listing regulations.

Current Shareholding Position

The current shareholding details of Algavista Greentech Private Limited in Cholamandalam Investment are as follows:

Regulatory Undertakings

Algavista Greentech Private Limited has provided undertakings in their request letter to comply with all requirements specified in Regulation 31A(4) of the listing regulations at all times. This commitment ensures adherence to the regulatory framework governing such reclassifications.

Pending Approvals

The reclassification of Algavista Greentech from promoter group to public category remains subject to receipt of no-objection from the stock exchanges. This approval is required under Regulation 31A of the SEBI Listing Regulations before the reclassification becomes effective.

The company has informed both NSE and BSE about this development through formal intimation letters, seeking acknowledgment of the board's decision and the pending regulatory approvals required for completion of the reclassification process.

Cholamandalam Investment and Finance Company Limited delivered impressive financial performance for the quarter and nine months ended December 31, 2025, demonstrating strong growth across key metrics. The company's Board of Directors approved the unaudited financial results on January 30, 2026, showcasing robust business expansion and profitability with consolidated figures reflecting enhanced performance.

Consolidated Financial Performance

The company reported exceptional growth in profitability and revenue generation during Q3 FY26 on a consolidated basis. The consolidated results demonstrate the company's comprehensive business strength across all subsidiaries and operations.

Standalone Financial Highlights

On a standalone basis, the company maintained strong performance metrics across all key financial parameters during the quarter.

For the nine months ended December 31, 2025, the company achieved a profit after tax of ₹3,578.88 crores compared to ₹2,991.81 crores in the corresponding period of the previous year, representing a growth of 19.6%. Total income for the nine-month period reached ₹22,906.27 crores, up from ₹18,934.07 crores in the previous year.

Business Growth and Asset Quality

The company's Assets Under Management (AUM) reached ₹2,27,770 crores as of December 31, 2025, marking a significant 20% year-on-year growth from ₹1,89,141 crores in the previous year. This growth reflects the company's strong market position and effective business expansion strategies.

Capital Adequacy and Dividend Declaration

The company maintains a strong capital position with a Capital Adequacy Ratio (CAR) of 19.16% as of December 31, 2025, well above the regulatory requirement of 15%. The Board approved an interim dividend of 65%, amounting to ₹1.30 per equity share of face value ₹2 each for the financial year ending March 31, 2026.

The record date for dividend payment is set for February 5, 2026, with payment scheduled on or before February 28, 2026.

Segment-wise Performance

The company's diversified business portfolio showed strong performance across all segments during Q3 FY26.

The financial results reflect the company's continued focus on sustainable growth, prudent risk management, and value creation for stakeholders. The strong consolidated and standalone performance across all business segments positions the company well for future growth opportunities.