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Cholamandalam shares jumped 7% on Dec. 23, 2025, after the company denied allegations of ₹10,262 crore in undisclosed transactions.
Cholamandalam Investment & Finance Company Ltd's shares rose over 7% on December 23, 2025, following a denial of allegations from a Cobrapost investigation that claimed ₹10,262 crore in undisclosed related-party transactions and large cash deposits. The company called the report "malicious and baseless," reaffirming strong financial health with ₹14,900 crore in cash, a 19.79% capital adequacy ratio, and unchanged credit ratings. It attributed large deposits to rural and semi-urban borrowers and defended transactions as lawful and transparent, while the probe highlighted significant discrepancies in disclosures involving group entities and senior personnel.