Who owns cholamandalam finance

Cholamandalam Investment and Finance Company Limited (CIFCL) is a financial and investment service provider in India. It is headquartered in Chennai and has 1029 branches across the country.[4] It is one of the 28 businesses under the Murugappa Group. It employees over 7,000 employees and also has about 16,000 people who assist in various business activities, with the majority being in smaller towns.[5]

The company has total assets under management at Rs 54,279 crore with a Net income of Rs 1,885.34 crore as on March 31, 2019.[6] The company was ranked 9th among the top 50 NBFCs in India by The Banking and Finance Post.