1,396.90 10.20(0.74%)
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Cholamandalam Financial Holdings Limited (Formerly TI Financial Holdings Limited) incorporated in 1949, is a part of the Murugappa Group, one of the most diversified business conglomerates of India. The Company offers a diverse range of financial products and risk management services to individual and corporate customers through its group companies. Resulting to the Demerger, the name of the Company was changed from 'TI Financial Holdings Limited' to 'Cholamandalam Financial Holdings Limited' from March 27, 2019. The Company received certificate of registration dated January 06, 2020 as a non-deposit taking Systemically Important Core Investment Company, from the Reserve Bank of India (RBI) to carry on the business as a Non-Banking Financial Institution. The Company undertakes financial services business through its Subsidiaries - Cholamandalam MS General Insurance Company Limited for general insurance business and Cholamandalam Investment and Finance Company Limited and its subsidiaries for lending and wealth management operations. Risk advisory services is carried out through a joint venture entity Cholamandalam MS Risk Services Limited.The Company started their business in year 1955 for manufacturing tubes. In the year 1959, Tube Products of India Ltd merged with the c...