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Manappuram Finance planning to raise funds via NCDs

06 Dec 2018 Evaluate

Manappuram Finance is planning for the issuance of the Private Placement of Unrated, Unlisted, Secured, Redeemable Non-Convertible Debentures (NCDs). The meeting of the Financial Resources and Management Committee of the Board of Directors of the Company will be held on December 11, 2018, to consider and approve 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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