Cholamandalam Finance awards ₹540 crore construction contract
after close1 source ↓written by the desknot a recommendation
- contract to Kalpataru
- ₹540 crore
- be completed
- 33 months
Cholamandalam Investment and Finance Company Ltd has awarded a ₹540 crore contract to Kalpataru Projects International Ltd for constructing its corporate office in Chennai. The project is set to be completed in 33 months and is not classified as a related-party transaction.
This contract signifies a strategic investment in infrastructure, potentially enhancing operational efficiency and future growth prospects for Cholamandalam.
Not investment advice. For informational purposes only.