Manappuram Finance gets nod to commence business of Micro Financing

Manappuram Finance Ltd. | Finance - NBFC | BFSI | BSE: 531213 | NSE: MANAPPURAM

24 Sep 2014 Evaluate

Manappuram Finance has received its board’s approval for commencement of business of Micro Financing either as a separate division of the company or by acquiring existing companies in micro financing activity. The company has also received approval for commencement of Finance against Commercial Vehicles. The company’s board gave its approval for the same at its meeting held on September 23, 2014.

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.

Peers

Company Name	CMP
Bajaj Finance	1016.00
Shriram Finance	996.95
Aditya Birla Capital	389.55
Tata Capital	343.90
Chola Invest & Fin.	1761.50
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.