NSEUpdates26 Aug 2026 · 26 Aug 2026, 11:05 pm

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Cholamandalam Investment and Finance Company Limited · CHOLAFIN

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Cholamandalam Investment and Finance Company Limited has received no-objection letters from National Stock Exchange of India Limited and BSE Limited for the re-classification of Algavista Greentech Private Limited from the 'Promoter' category to the 'Public' category.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

Cholamandalam Investment and Finance Company Limited has informed the Exchange regarding the 'NOC received under Reg.31A(8) of SEBI Listing Regulations from stock exchanges.

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lakshmits_26082026225540_Intimation_NOC_Reclassification_Aug2026.pdf

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August 26, 2026 The Secretary The Secretary National Stock Exchange of India Limited BSE Ltd. Trade World, 4th Floor, Kamala Mills Compound, 1st Floor, P.J. Towers Senapati Bapat Marg, Dalal Street, Fort, Lower Parel, Mumbai 400 001 Mumbai 400 013 NSE SCRIP CODE: CHOLAFIN EQ BSE SCRIP CODE: 511243 Dear Sir/Madam, Sub: Intimation under Regulation 31A(8) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) This is in furtherance to our earlier communications dated 30 January, 2026 & 4 February, 2026 in connection with the request for re-classification of M/s. Algavista Greentech Private Limited (AGPL), an outgoing Member of the Promoter Group. In this regard, we hereby inform you that National Stock Exchange of India Limited, vide approval letter no. NSE/LIST/COMP/CHOLAFIN/565/2025-2026 dated 26 August, 2026 and BSE Limited, vide approval letter no. LIST/COMP/SJ/180/2026-27 dated 26 August, 2026, have granted no-objection to the re-classification of AGPL from the ‘Promoter’ category to the ‘Public’ category. The approval letters received from the stock exchanges are enclosed for your information and records. We request you to take the same on record Thanking you, Yours faithfully, For Cholamandalam Investment and Finance Company Limited P. Sujatha Company Secretary Encl.: As above (cid:3)(cid:3)(cid:3) Ref:NSE/LIST/COMP/CHOLAFIN/565/2025-2026 Date: August26, 2026 The Company Secretary Cholamandalam Investment and Finance Company Limited (‘the Listed Entity') "Chola Crest" C54-55 & Super B-4 Thiru-Vi-Ka Industrial Estate Guindy Chennai –600032 Subject: No-objectionletterfor reclassification of Promoter(s)/PromoterGroup(s)under Regulation 31A of SEBI(ListingObligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, This is in reference to your application dated February 03, 2026, requesting a no-objection letter for the reclassification of promoter group under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Based on the submission made by the Listed Entity, the Exchange grants no-objection letter forthereclassification applicationdated February 03, 2026,for thefollowing promoter groupin accordance withRegulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sr. No. Promoter Group 1. Algavista Greentech Private Limited You are required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification,in accordance with the applicable provisions ofRegulation 31A ofSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yours faithfully, forNational Stock Exchange of India Limited Ajit Mahadik Senior Manager–Listing Compliance CC: National Securities Depository Limited Central Depository Services Limited 301, G-Block, Plot No. C-32, Naman Chambers, Marathon Futurex, A-Wing, 3rd Floor, Bandra Kurla Complex, Bandra East, 25th floor, NM Joshi Marg, Mumbai, Maharashtra, 400051 Lower Parel, Mumbai -400 073 This Document is Digitally Signed Signed by: Ajit Dattaram Mahadik Date: Wed, Aug 26, 2026 15:46:03 IST Location: NSE