Yanmar Coromandel Agrisolutions Private Limited, a member of the promoter group of Cholamandalam Financial Holdings, has requested reclassification from the ‘promoter group’ to the ‘public’ category. As of September 16, 2025, the company held Nil paid-up equity shares and had Nil shareholding. The re-classification is subject to board and exchange approvals.
Promoter Reclassification Request
Cholamandalam Financial Holdings has received a request for reclassification from one of its promoters. Yanmar Coromandel Agrisolutions Private Limited, a member of the Company’s promoter group, seeks to change its classification to the ‘public’ category.
Shareholding Details
As of the date of the request, September 16, 2025, Yanmar Coromandel Agrisolutions Private Limited holds Nil paid-up equity shares in the company, representing Nil shareholding.
Next Steps
The requested reclassification is subject to the approval of the Board of Directors and the National Stock Exchange of India Limited and BSE Limited. The company has confirmed it will take the necessary steps to facilitate this process.
Source: BSE
