Manappuram Finance has received approval for the issuance of Secured, Non-Cumulative, Redeemable, Listed, Rated, Non-Convertible Taxable Debentures (NCDs) of face value of Rs 1,00,000 for an aggregate amount up to Rs 500 crore on a private placement basis. Financial Resources and Management Committee of the Board of Directors of the Company at its meeting held on December 5, 2025, inter-alia has considered and approved the same.
Manappuram Finance is a Systemically Important Non-Deposit taking Non Banking Finance Company (NBFC). The company provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc.
