Cholamandalam Investment and Finance Company Limited (CIFCL) is the financial services arm of the Murugappa Group, operating over 200 branches across India with assets under management over Rs.9000 Crores. The Board of Directors is chaired by Mr. M B N Rao. CIFCL is headquartered in Chennai and aims to expand its branch network and introduce new product lines. At the Annual General Meeting held each July, shareholders vote on ordinary resolutions regarding routine business and special resolutions involving important strategic decisions for the company's growth.

1. CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITEDAn Mugugappa group of company

2. Cholamandalam Investment and Finance Company Limited (CIFCL)CholamandalamInvestment & Finance Company Limited (CIFCL) is an Public Company it was incorporated in 1978 as the financial services arm of the Murugappa Group.Murugappa Group is one of India's leading business conglomerates. The Group has 29 companies under its umbrella.The CIFCL Company operates from over 200 branches across India with an assets under management over Rs.9000 Crores.

3. BOARD OF DIRECTORSMr. M B N RaoChairmanMr. VellayanSubbiahManaging DirectorMr. IndreshNarainNon-executive DirectorMr. V P MahendraNon-executive DirectorMr. R V KanoriaNon-executive DirectorMr. N SrinivasanNon-executive DirectorMr. L RamkumarDirector

4. MEMORANDUM OF ASSOCIATIONThe Registered Office of the Company is situated in the State of Tamil Nadu, Chennai.CholamandalamInvestment & Finance Company Limited (CIFCL),Dare House, Ist Floor, 2, NSC Bose Road,Chennai 600001. Primary (or) Main ObjectivesRealign the business model to address strategic customer segments

5. Improve collection infrastructure and increase geographical penetration

6. Maintain asset quality

7. Reduce Losses on existing loan portfolioAncillary (or) Sub ObjectivesProceeds from the exercise of warrants shall be utilized to pursue organic and inorganic growth opportunities.

8. Opening of new branch offices