Cholamandalam Investment and Finance Company Limited has taken a significant step towards restructuring its shareholder categories. The company has filed an application with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for the re-classification of two entities from the promoter group category to the public category.

Key Details of the Re-classification Application

• Entities Involved:

  1. Yanmar Coromandel Agrisolutions Private Limited
  2. Coromandel Engineering Company Limited

• Current Category: Promoter Group

• Proposed Category: Public

• Regulatory Framework: Application filed under Regulation 31A of SEBI Listing Regulations

Background and Process

The company's Board of Directors had previously approved the request from these entities for re-classification. This move follows the board's decision and is in line with regulatory requirements for such changes in shareholder categories.

Regulatory Compliance

Cholamandalam Investment has adhered to the necessary regulatory procedures in this process:

1. Board Approval: Obtained on November 6, 2025
2. Application Filing: Completed on November 10, 2025
3. Stock Exchanges Notified: Both NSE and BSE

Implications

The re-classification is subject to approval from the stock exchanges. If granted, it could potentially alter the ownership structure of Cholamandalam Investment. However, the immediate impact on the company's operations or stock performance is not clear from the available information.

Company's Statement

P Sujatha, Company Secretary of Cholamandalam Investment and Finance Company Limited, confirmed the filing of the application in a letter to the stock exchanges, stating, "We hereby inform you that the Company has today i.e. 10 November, 2025, filed an application for re-classification to Public Category, with the Stock Exchanges i.e., National Stock Exchange of India Limited and BSE Limited in terms of Regulation 31A of the SEBI Listing Regulations."

Investors and market participants may keep a close watch on the progress of this application and any subsequent changes in the company's shareholding pattern.

Cholamandalam Investment and Finance Company Limited (CIFCL) has reported a 20% year-on-year increase in Profit After Tax (PAT) for both Q2 and H1 of FY26, according to the company's latest financial results.

Key Financial Highlights

• PAT reached ₹1,155.00 crore in Q2 FY26, up from ₹963.00 crore in Q2 FY25
• H1 FY26 PAT stood at ₹2,291.00 crore, compared to ₹1,905.00 crore in H1 FY25
• Total Assets Under Management (AUM) grew by 21% year-on-year to ₹2,14,906.00 crore
• Net Income for Q2 FY26 increased by 26% to ₹4,075.00 crore
• H1 FY26 Net Income rose by 27% to ₹7,939.00 crore

Business Segment Performance

Vehicle Finance

• Disbursements: ₹13,539.00 crore in Q2 FY26
• AUM: ₹1,07,568.00 crore, up 17% YoY

Loan Against Property (LAP)

• Disbursements: ₹4,630.00 crore in Q2 FY26
• AUM: ₹46,302.00 crore, up 33% YoY

Home Loans

• Disbursements: ₹1,697.00 crore in Q2 FY26
• AUM: ₹20,405.00 crore, up 28% YoY

Small and Medium Enterprises (SME) Loans

• Disbursements: ₹1,581.00 crore in Q2 FY26
• AUM: ₹7,544.00 crore, up 28% YoY

Asset Quality and Capital Adequacy

• Stage 3 assets (90+ days past due) increased to 3.35% as of September 2025, compared to 3.16% in June 2025
• Gross Non-Performing Assets (GNPA) as per RBI norms stood at 4.57% in September 2025
• Net Non-Performing Assets (NNPA) were at 3.07% in September 2025
• Capital Adequacy Ratio (CAR) was 20.00%, well above the regulatory requirement of 15%
• Tier-I Capital ratio was 14.59%, with Common Equity Tier-I Capital at 13.93%

Liquidity Position

CIFCL maintained a strong liquidity position with ₹16,991.00 crore in cash balance as of September 2025, including ₹6,661.00 crore in high-quality liquid assets (HQLA) held in compliance with Liquidity Coverage Ratio (LCR) requirements.

The company's consolidated Profit Before Tax (PBT) for Q2 FY26 was ₹1,565.00 crore, a 20% increase from ₹1,304.00 crore in Q2 FY25. For H1 FY26, consolidated PBT reached ₹3,096.00 crore, also up 20% from ₹2,579.00 crore in H1 FY25.

Despite the growth in various business segments, CIFCL faces challenges in asset quality, as evidenced by the increase in Stage 3 assets and NPAs. The company's strong capital position and liquidity, however, provide a buffer against potential risks in the current economic environment.