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Manappuram Finance acquires 81.07% of stake of MACOM

02 Apr 2019 Evaluate

Manappuram Finance has acquired 81.07% of Equity Shares of Manappuram Comptech & Consultants (MACOM) by way of transfer of 21889 shares at Rs 365.37 share, for the total consideration of Rs 80,34,486.30.

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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