Board of directors - Cholamandalam Investment and Finance Company Limited

Board of Directors

Mr. Vellayan Subbiah
Executive Chairman
Mr. N Ramesh Rajan
Independent Director
Ms. Bhama Krishnamurthy
Independent Director
Mr. M A M Arunachalam
Non-Executive Director

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Mr. Vellayan Subbiah

Mr. Vellayan Subbiah (54 years) DIN: 01138759

Executive Chairman

Holds a Bachelor of Technology in Civil Engineering from IIT Madras and an MBA from the University of Michigan
Has over 27 years of experience in the varied fields of consulting, technology, projects, financial services and engineering in different positions across different industries.
Is the recipient of the 'EY Entrepreneur of the YearTM 2023' and was named as the 'EY World Entrepreneur of the YearTM 2024'
Was awarded Extraordinary Entrepreneur of the Year - TiECON 2014 Award.
Has worked with Mckinsey and Company, 24/7 Customer Inc. etc.
Is the Non-Executive Vice Chairman of Tube Investments of India Limited
Is the Chairman of CG Power and Industrial Solutions Limited and a director on the Boards of various other companies including SRF Limited and Cholamandalam Financial Holdings Limited.
Was the Managing Director of Chola from August, 2010 to August, 2017. Has been the non-executive Chairman of Chola since 12 November, 2020 and as Executive Chairman from 1, April, 2025.

Directorships and full-time positions in body corporates

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Ms. Bhama Krishnamurthy

Ms. Bhama Krishnamurthy (68 years) DIN: 02196839

Independent Director

Holds a Masters degree in science from Mumbai University.
Has a career spanning over 37 years in IDBI (now IDBI Bank) and SIDBI, an Apex Development Bank for MSMEs in India covering almost all areas of development banking operations.
Has varied management and leadership experience in resource raising, forex, treasury operations, risk management, credit function, branch operations and human resources division.
Was on the Boards of various venture capital companies, CIBIL, SBI Global Factors as a nominee director of SIDBI.
Is the part-time chairperson of CSB Bank Limited and is also on the boards of various companies including Network18 Media and Investments Limited, Five Star Business Finance Limited, Muthoot Microfin Limited, Thirumalai Chemicals Limited, e-Eighteen.com Limited, Reliance Corporate IT Park Limited and Just Dial Limited.Joined the Board of Chola on 31 July, 2019
Joined the Board of Chola on 31 July, 2019.

Directorships and full-time positions in body corporates

Mr. Anand Kumar
Independent Director
Mr. M R Kumar
Independent Director
Mr. Ramkumar Ramamoorthy
Independent Director
Mr. Ravindra Kumar Kundu
Managing Director

Letter of appointment for Independent Directors

Constitution of Committees

Spirit of Murugappa

Why Chola?

There's more than one reason to be confident

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Years of Excellence

46

Years of Excellence

States & Union Territories

32

States & Union Territories

Strong Workforce

64,941+

Strong Workforce

Branches

1613

Branches

Assets Under Management

₹1.99 lakh Cr

Assets Under Management

Happy Customers

43.7 lakh+

Happy Customers

News & Press Releases

Postal Ballot Notice 2025

Postal Ballot Notice 202529 March 2025, 12:35 AM IST

Postal Ballot Notice 2025

Chola Partners with Women Education & Enviroment

Chola Partners with Women Education & Enviroment09 Mar 2025

Chola Partners with Women Education & Environment to transform rural sanitation in Cuttack.

Chola strengthens commitment to Eye Health Of The Trucking & Rural Communities

Chola strengthens commitment to Eye Health Of The Trucking & Rural CommunitiesFebruary 14, 2025

Cholamandalam Investment and Finance Company Ltd (Chola), a leading financial services provider, reaffirms its commitment to road safety and community well-being through the Raahi National Truck Eye Health and Rural Eye Health programs.

Chola reports 24% growth in Q3 profit after tax

Chola reports 24% growth in Q3 profit after tax Jan 31, 2025

Chola posted 24% growth in profit after tax (PAT) at Rs 1,087 crore in the quarter ended Dec 31, 2024

Project Divine – Draft Shelf Prospectus – Website disclaimer

Project Divine – Draft Shelf Prospectus – Website disclaimerJul 06, 2023, 08:47 AM IST

Project Divine – Draft Shelf Prospectus – Website disclaimer

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Annual Report - FY 2023 -2024

Annual Report - FY 2023 -2024Jul 04, 2023, 22:07 PM IST

Annual Report - FY 2023 -2024

Notice for Shareholders - AGM 2024

Notice for Shareholders - AGM 2024Jul 04, 2023, 21:47 PM IST

Notice for Shareholders - AGM 2024

Know about the functioning of CKYC Records Registry

Know about the functioning of CKYC Records Registry04 March 2024

Click on the link to learn more about the registration process and modes of registration in CKYCRR.

Tranche IV Abridged Prospectus - Website Disclaimer

Tranche IV Abridged Prospectus - Website Disclaimer17 January 2024

ABRIDGED Prospectus - Website Disclaimer

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Tranche IV Prospectus - Website Disclaimer

Tranche IV Prospectus - Website Disclaimer17 January 2024

Please read this notice carefully - By accessing this information on this site, you agree to follow the terms

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ABRIDGED Prospectus - Website Disclaimer

ABRIDGED Prospectus - Website Disclaimer24 November 2023

Project Divine - Abridged Prospectus - Website Disclaimer

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Tranche III Prospectus - Website Disclaimer

Tranche III Prospectus - Website Disclaimer24 November 2023

Project Divine - Tranche III Prospectus - Website Disclaimer

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Chola Charter27 October 2023

Customer Rights Policy enshrines the basic rights of customers of the company regulated by the Reserve Bank of India

Qualified Institutions Placement

Qualified Institutions Placement04 October 2023

Placement Document

Qualified Institutions Placement

Qualified Institutions Placement28 September 2023

Preliminary Placement Document

Postal Ballot Notice 2023

Postal Ballot Notice 202308 August

Postal Ballot Notice 2023

ET Now - Earnings Central

ET Now - Earnings Central02 Aug 2023

ET Now | Earnings Central | 02 Aug 2023 | Mr. D Arul Selvan, President & CFO, Cholamandalam

Annual Report FY 2022 - 2023

Annual Report FY 2022 - 2023Jul 10, 2023, 20:45 PM IST

Annual Report FY 2022 - 2023

CNBC TV18 - Earnings Central

CNBC TV18 - Earnings Central02 Aug 2023

CNBC TV18 | Earnings Central | 02 Aug 2023 | Mr. D Arul Selvan, President & CFO, Cholamandalam

Tranche II Prospectus - Website Disclaimer

Tranche II Prospectus - Website DisclaimerJul 27, 2023, 18:47 PM IST

Project Divine - Tranche II Prospectus - Website Disclaimer

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Our Happy Customers

Natarajan, Chennai

I used to drive old vehicles but now I own 6 trucks, all thanks to Chola. Chola provided me with maximum funding at a lower interest rate within 2 days of applying.”

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Miraz Shatab Baig A.K.A

Miraz Shatab Baig A.K.A, Raipur

Chola has always provided me with finance and timely top-up loans whenever needed. Chola is like a family member to me. We are one family!

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Chandrashekhar Singh Parihar

Chandrashekhar Singh Parihar, Raipur

Since 2002, We have been getting our financing done through Chola. We received great support from Chola.We recommend Chola to all our relative and personal contacts.

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T Kumarasen, Chennai

Chola has provided me with the maximum funding at a lower rate of interest that too in just 2 days

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