In furtherance of the intimations dated March 20, 2025, June 25, 2025, February 14, 2026, March 18, 2026, March 27, 2026 and April 21, 2026, with respect to the investment by BC Asia Investments XXV Limited (Investor 1) and BC Asia Investments XIV Limited (Investor 2, and together with Investor 1, the Investors) in Manappuram Finance Limited (Company) and the consequent mandatory open offer by the Investors and other identified persons acting in concert with Investor 1, to the public shareholders of the Company in compliance with Regulations 3 and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (Open Offer) and pursuant to Regulations 30 and 51 read with Schedule III of the Listing Regulations, Manappuram Finance has informed that the Board of Directors of the Company (Board) at its meeting held today, May 5, 2026, has noted that: a. on and from April 21, 2026, the Investors acquired control of the Company and have become ‘promoters’ of the Company, along with the existing promoters in accordance with and subject to the terms in the SSA, SHA and the provisions of the Listing Regulations; b. the amended and restated articles of association of the Company, as approved by the shareholders of the Company on April 16, 2025, have become effective; and c. the special rights of the Investors and V.P. Nandakumar and Sushama Nandakumar identified in the amended and restated articles of association of the Company in accordance with Regulation 31B of the Listing Regulations and approved by the shareholders on April 16, 2025, have become effective. Also noted and taken on record the resignations of Abhijit Sen (DIN: 00002593); Pratima Ram (DIN: 03518633); V P Seemandini (DIN: 07850522); T C Suseel Kumar (DIN: 06453310); (Edodiyil Kunhiraman Bharat Bhushan (DIN: 01124966); and Sankaran Nair Rajagopal (DIN: 10087762) as Non-Executive Independent Directors of the Company with effect from today, May 5, 2026.
The above information is a part of company’s filings submitted to BSE.