Cholamandalam Investment and Finance Company has reduced its shareholding in White Data Systems (WDSI) to 31% from 63%. Consequently, WDSI ceases to be a subsidiary of the company with effect from October 01, 2018.
Cholamandalam Investment and Finance Company is among the top 5 NBFC’s in the country operating in vehicle finance, home equity, corporate and mortgage finance segments with subsidiaries in the broking and wealth advisory space.