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Manappuram Finance planning to raise funds via NCDs

12 Jun 2018 Evaluate

Manappuram Finance is planning to raise funds through issuance of the Private Placement of Rated, Listed, Secured, Redeemable Non-Convertible Debenture (NCDs).

The meeting of the Financial Resources and Management Committee of the Board of Directors of the company will be held on June 14, 2018, to consider the same.

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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