Manappuram Finance has informed that the Company has received an an Order under clause (b) of sub-section (1) of Section 58G read with clause (aa) of sub-section (5) of Section 58B of the Reserve Bank of India Act, 1934, wherein an aggregate penalty of Rs. 20,00,000/- (Rupees Twenty Lakhs only) were imposed.
The above information is a part of company’s filings submitted to BSE.