Manappuram Finance, one of the leading NBFCs of India, has allotted 2000 Secured Redeemable Non-Convertible Debentures (NCDs) by way of Private Placement, having face value of Rs 10 lakh each aggregating to Rs 200 crore on August 31, 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.