The board of directors of Cholamandalam Investment and Finance Company Limited recommended a final dividend of 20% and hereby declared on the outstanding equity shares of INR 10 each of the company for the year ended March 31, 2017 and be paid to those members, in case of shares held in physical form, whose names appear in the register of members as on July 27, 2017 and in case of shares held in dematerialised form, as per the details furnished by the depositories for this purpose.