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Chola Investment trashes corporate misgovernance allegations as malicious, baseless

Posted on December 23, 2025 By admin
Chola Investment trashes corporate misgovernance allegations as malicious, baseless

Murugappa Group firm Cholamandalam Investment and Finance Company (CIFCL) on Tuesday (December 23, 2025) dismissed corporate misgovernance allegations as “malicious and baseless”, asserting that they were driven by ulterior motives. Allegations were levelled against some of the companies of the Murugappa Group by the Cobrapost website. It alleged that it has identified transactions aggregating upwards…

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