The board of directors of Cholamandalam Investment and Finance Company Limited at their meeting held on April 23, 2018, recommended a final dividend of 20% being INR 2 per share for the year ended March 31, 2018. The dividend will be paid within 7 days from the date of AGM (i.e. on or before Aug. 2, 2018), if approve by the shareholders at the ensuing fortieth AGM.