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Cholamandalam Financial Holdings Ltd logo

Cholamandalam Financial Holdings Ltd

NSE: CHOLAHLDNG BSE: 504973

₹1407.60

(-2.20%)

Mon, 30 Mar 2026, 11:19 am

Company History

1949

  • The company was incorporated at Madras.

1959

  • Tube Products of India Ltd merged with TI Cycles of India Ltd with effect from January 22, 1959.
  • The company's name was changed from TI cycle of India Ltd to Tube Investments of India Ltd with effect from September 16, 1959.

1984

  • TI Mills Ltd, a wholly owned subsidiary of Tube Investment of India Ltd, merged with TIL with effect from January 1, 1984.

1991

  • Press Metals Corporation was amalgamated with the company with effect from March 31, 1991.
  • Sathavahana Chains Ltd was amalgamated with the company with effect from April 1991.

2000

  • Arunachalam Vellayn, managing director of Tube Investments of India Ltd, was elected president of ICC India for 2000-2001.

2001

  • Alagappan was appointed a Wholetime Director with the designation as Executive Vice-Chairman for a period of 5 years from February 1.
  • Tube Investments of India Ltd was given the 'Corporate Citizen Award' by the Rotary Club of Ambattur, Chennai.

2002

  • Mr K Ganesan ceased to be Director.
  • Mr S Gurumurthy was appointed as an Additional Director of the Company effective May 24, 2002.
  • Mr Adhiraj Sarin was appointed as Managing Director of the Company for a period of 5 years with effect from August 01, 2002.
  • The company implemented the Oracle 11i e-business suite for better planning and inventory control.
  • Cholamandalam General Insurance Co became a subsidiary to the Tube Investments.
  • The company made an additional investment of Rs.76cr in Cholamandalam Insurance Co Ltd.
  • The Board of Directors approved the buyback of equity shares of the company on August 22, 2002.

2003

  • Director Mr S Gurumurthy expired on January 25, 2003.
  • The Registered Office of the company was shifted to Dare House, 234, N S C Bose, Chennai 600 001 with effect from December 5, 2003.

2006

  • The company split its Face value of Shares from Rs 10 to Rs 2.

2007

  • Mr. N Srinivasan was appointed as Additional Director on the Board of Directors of the Company with effect from January 29, 2007.

2008

  • L Ramkumar was appointed as Managing Director of the Company for a period of 5 years with effect from February 01, 2008.
  • TII forayed into the e-bike segment with the launch of three models - BSA 250, BSA 500 and BSA 800.

2009

  • TII invested Rs 55.55 cr in Cholamandalam MS General Insurance.

2010

  • Tube Investments bought 77% stake in Sedis of France.
  • Tube Investments acquired 1,75,82,000 equity shares of Cholamandalam DBS Finance Ltd from DBS Bank Ltd, Singapore.

2011

  • Tube Investments recommended a final dividend of Rs. 1.50 per equity share of Rs. 2 each.
  • Tube Investments was awarded Growth with Quality for their excellence in Technology & Innovation.

2012

  • Tube Investments acquired 2,12,46,122 equity shares of Re. 1/- each of Shanthi Gears Limited, Coimbatore.

2013

  • Tube Investments entered into an agreement with M/s. Tsubamex Company Ltd to form a Joint Venture Company in India.

2014

  • Tube Investments recommended a final dividend of 50 paise per equity share of Rs. 2/- each.

2015

  • TI Cycles of India acquired the Brand Licensing Rights for Ridley.

2018

  • Tube Investments entered into a Joint Venture Agreement with M/s. Tl Absolute Concepts Private Limited.

2019

  • The company name was changed to Cholamandalam Financial Holdings Ltd. from TI Financial Holdings Ltd.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800