Manappuram Finance Ltd.

BSE: 531213 | NSE: MANAPPURAM
Small Cap | Finance - NBFC
180.30
1.35 (0.75%)
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Manappuram Finance raises Rs 1100 crore through NCDs

Date: 13-03-2023

Manappuram Finance has raised Rs 1100 crore through allotment of 1,10,000 rated, listed, secured, redeemable, non-convertible debentures (NCDs) having a face value of Rs 1,00,000 each on private placement basis to be listed on BSE. Date of maturity of the said NCDs will be on March 13, 2033.

Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.