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 600 crore through NCDs

Date: 06-10-2023

Manappuram Finance has raised Rs 600 crore through allotment of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) having a face value of Rs 1,00,000 each on private placement basis to be listed on BSE. The Financial Resources and Management Committee of the Board of Directors of the company at its meeting held on October 06,2023 approved the allotment of the same. 

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.