Engineering Excellence in Metal Forming and High-Quality CDW Tubes
List of Subsidiaries and Joint Ventures
murugappa
figures in INR Mn.
7
FY 2016-17
Company
Nature of Business
%
Shareholding
Total
Income
PAT
Financiere C10 SAS (FC 10)
Manufacturing of Chains
100%
2,323
12
Shanthi Gears Limited (SGL)
Manufacturing of Gears
70.1%
2,146
225
TI Tsubamex Private Limited (TTPL)
Design and
Manufacturing of Dies
75%
52
(63)
TI Absolute Concepts Private Limited
(TIACPL)
Bicycle Theme Based
50%
27
(54)
Restaurant & Retail
Cholamandalam MS Risk Services Limited
(CMSRSL)
Risk services
49.5%
366
17
Cholamandalam Investment and Finance
Company Limited (CIFCL)
Financial Services
46.2%
46,922
7,980
Cholamandalam MS General Insurance
Company Limited (CMSGICL)
General Insurance
60%
27,624
2,084
Business
TI Financial Holdings Limited (TIFHL)
100%
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