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Cholamandalam Investment and Finance Company Limited: CSR spending FY 2021-22 to 2025-26

Cholamandalam Investment and Finance Company Limited spent ₹302.48 crore on CSR from FY 2021-22 to 2025-26 (standalone company, from its annual reports), shown year by year with the money set aside for ongoing projects.

FY 2023-24

In FY 2023-24 Cholamandalam Investment and Finance Company Limited spent ₹56.98 crore on CSR against a 2% obligation of ₹56.86 crore.

Period: Apr 2023 - Mar 2024.

  • Obligation (2% rule): ₹56.86 crore
  • Spent in the year: ₹56.98 crore (projects ₹55.39 crore, admin overheads ₹1.15 crore, impact assessment ₹0.44 crore)
  • Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
  • Transferred to a Schedule VII fund: ₹0 crore
  • Excess carried forward to set off in later years (balance at year end): ₹0.12 crore
  • Environment spend: not disclosed

Main programmes

  • Report gives 60 projects, 6,11,357 beneficiaries, 19 aspirational districts, 21 states; project-wise amounts not disclosed
  • Truckers health: 20 centres in hubs across 20 states (vision care, screenings, spectacles)
  • My Dream Scholarship in eight Tamil Nadu districts; report cites 2,672 scholarships (decade figure)
  • Isha Farmer Producer Organisations: 24 FPOs established
  • AMM Pallathur and AMM Arunachalam hospitals: diagnostic facilities; mobile health van; hydrogeological study of water bodies near Oonaiyur
  • WASH: Swaccha Odisha, Swaccha Telangana, Assam projects; solar panels at educational institutions and hospitals
  • Sports: golf training for women players, chess, blind women's football (10 players)
  • Biodiversity conservation in Spiti and Lakshadweep

Trees and greening

  • Biodiversity and conservation work in Spiti Valley and Lakshadweep; solar panel installation at schools and hospitals. No tree count disclosed

States: Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Goa, Gujarat, Himachal Pradesh, Karnataka, Kerala, Lakshadweep, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal.

Implementing agencies: AMM Foundation, Isha Foundation, Nature Conservation Foundation.

Source: S3 Annual Report 2023-24, CSR annexure, pages 41, 48-55

Sources: Annual Report 2025-26, Board report Annexure-II CSR Report – Cholamandalam Investment and Finance Company Limited; Annual Report 2024-25, CSR section and Annexure – Cholamandalam Investment and Finance Company Limited; Annual Report 2023-24, CSR annexure – Cholamandalam Investment and Finance Company Limited; Annual Report 2022-23, CSR annexure – Cholamandalam Investment and Finance Company Limited; Annual Report 2021-22, CSR annexure with project table – Cholamandalam Investment and Finance Company Limited

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