/ Manappuram Finance Planning To Raise Rs 200 Crore Via NCDs ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 25 October 2017

Manappuram Finance is planning to raise Rs 200 crore through allotment of Secured Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10 lakh each on Private Placement basis in compliance with provisions of SEBI (Issue and Listing of Debt Securities) Regulations, 2008 and other applicable Provisions. The company’s Financial Resources and Management Committee of the Board of Directors will meet on October 30, 2017 to consider the same.

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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