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Manappuram Finance raises Rs 200 crore through NCDs

05 Mar 2024 Evaluate

Manappuram Finance has raised Rs 200 crore through allotment of Secured, Non- Cumulative, Redeemable, Listed, Rated, Non-Convertible Taxable Debentures (NCDs) having face value of Rs 1 lakh on private placement basis. The maturity of said NCDs will be on March 05, 2026. 

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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