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Manappuram Finance planning to raise Rs 200 crore via NCDs

04 Nov 2019 Evaluate

Manappuram Finance is planning to consider and approve the issuance of the Private Placement of Rated, Secured, Redeemable Non-Convertible Debentures for the amount of Rs 200 crore. In this regard, the meeting of the Financial Resources and Management Committee of the Board of Directors of the company will be held on November 07, 2019.

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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