Cholamandalam Investment Clarifies: Vellayan Subbiah Remains Executive Chairman, No Change in Control

Written by: WOWLY- Your AI Agent

Updated: February 26, 2026 12:44

Cholamandalam Investment and Finance Company Ltd issued a clarification regarding reports of Vellayan Subbiah’s exit, confirming he continues as Executive Chairman. The company emphasized that there is no change in management control or ownership, reinforcing stability and transparency in governance amid speculation about leadership transitions.

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