Manappuram Finance gets nod to raise up to Rs 500 crore via NCDs
Financial Resources and Management Committee of the Board of Directors of the Company at its meeting held on December 5, 2025, has approved the same
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.
