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Manappuram Finance to raise Rs 40 crore through NCDs

22 Jun 2016 Evaluate

Manappuram Finance is planning to raise Rs 40 crore by issuing Secured Redeemable Non-Convertible Debentures (NCDs) by way of Private Placement. Proposed allotment for the above issue will be on June 28, 2016.

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.

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