Manappuram Finance has informed that in furtherance to letter dated November 26, 2019, the Company is contemplating, subject to market conditions, to undertake the issue of foreign currency denominated bonds (the Issue) under the euro medium term note programme (the MTN Programme) established by the Company pursuant to the approval of the Board of Directors of the Company at its meeting held on November 6, 2019. The pricing, tenure and other terms of the bonds to be issued pursuant to the Issue will be determined by the Financial Resources and Management Committee of the Board of Directors of the Company which meeting shall take place on December 3, 2019 or on a later date subject to market conditions and other considerations. This intimation is required under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
