Cholamandalam Financial Holdings Limited (CFHL) (formerly known as TI Financial Holdings Limited) was incorporated in 1949 and is a part of the Murugappa Group, one of the most diversified business conglomerates of India. Consequent to the scheme of arrangement (demerger) sanctioned by the National Company Law Tribunal, the manufacturing business of the Company was transferred to a separate company and the company retained its finance business.
CFHL is a NBFC classified as a Core Investment Company, after the demerger with significant shareholding in companies viz., Cholamandalam Investment and Finance Company Limited, Cholamandalam MS General Insurance Company Limited and Cholamandalam MS Risk Services Limited.
Pursuant to approval of Registrar of Companies, Chennai, the name of the Company has been change from “TI Financial Holdings Limited” to “Cholamandalam Financial Holdings Limited” with effect from March 27, 2019