Cholamandalam Investment and Finance Company Limited has filed an application with the National Stock Exchange of India and the BSE for the reclassification of certain members belonging to the ‘Promoter Group’ to the ‘Public’ category. The application, dated November 10, 2025, pertains to Yanmar Coromandel Agrisolutions Private Limited and Coromandel Engineering Company Limited. The company had received the approval from its Board of Directors for the request.
Reclassification Filing
Cholamandalam Investment and Finance Company Limited announced on November 10, 2025, that it has submitted an application to the National Stock Exchange of India and the BSE for the reclassification of specific entities.
Details of Reclassification
The application pertains to the reclassification of Yanmar Coromandel Agrisolutions Private Limited (YCAS) and Coromandel Engineering Company Limited (CECL), both currently categorized as ‘Outgoing Members of the Promoter Group’. The company is seeking to reclassify them to the ‘Public’ category.
Background of the Decision
The decision to file this application follows the approval granted by the Board of Directors for the request received from M/s. Yanmar Coromandel Agrisolutions Private Limited and M/s. Coromandel Engineering Company Limited on November 6, 2025.
Source: BSE
