FY 2024-25

In FY 2024-25 Cholamandalam Investment and Finance Company Limited spent ₹74.24 crore on CSR against a 2% obligation of ₹73.18 crore.

Period: Apr 2024 - Mar 2025.

• Obligation (2% rule): ₹73.18 crore
• Spent in the year: ₹74.24 crore (projects ₹73.32 crore, admin overheads ₹0.93 crore, impact assessment ₹0 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): ₹1 crore
• Environment spend: not disclosed

Main programmes

• Raahi eye care: 1,95,298 eye check-ups, 66,479 spectacles, 12,226 cataract surgeries; 98 congenital heart surgeries
• My Dream Scholarship and other scholarships: 536 scholarships
• Football academy (600 players); 778 players supported across chess, football and golf
• Human-elephant co-existence project in plantation forest area, investment Rs 100.00 lakh (ongoing)
• Lake rejuvenation in Sivagangai and Erode districts, investment Rs 652.06 lakh
• Eureka Homes: shelter for 14 families; Isha Samskriti facility for 208 beneficiaries
• Indigenous point-of-care ultrasound scanner for maternal and child health developed with IIT Madras
• Kailasanathar Temple (Adopt a Monument 2.0); preventive healthcare and sanitation project in Nilgiris

Trees and greening

• Lake rejuvenation, Sivagangai and Erode (Rs 652.06 lakh); human-elephant co-existence in plantation forest (Rs 100.00 lakh). No tree count disclosed

Implementing agencies: Chola Foundation (formed this year, registered as implementing agency), AMM Foundation, Isha Foundation, IIT Madras (research partner).

Source: S2 Annual Report 2024-25, CSR section and Annexure, pages 55-58, 65-66