26 Feb 2026 | 3 Mins Read
Vellayan Subbiah to leave Cholamandalam Finance
Flipitmoney
Vellayan Subbiah has struck a family settlement to realign holdings within the Murugappa Group, exiting exposure to Cholamandalam Investment and Finance while boosting stakes in Tube Investments of India and CG Power and Industrial Solutions. The pact sets the stage for a wider split of ownership among the three promoter factions.