Manappuram Finance has raised Rs 200 crore through allotment of Secured, Non- Cumulative, Redeemable, Listed, Rated, Non-Convertible Taxable Debentures (NCDs) having face value of Rs 1 lakh on private placement basis. The maturity of said NCDs will be on March 05, 2026.
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.