Manappuram Finance planning to raise $100 million via NCDs
28th Jun 2022

Manappuram Finance is planning to raise funds through the issuance of the Secured, Rated Redeemable Non-Convertible Debentures (NCDs) of up to $100 million, in INR equivalent. The meeting of the Financial Resources and Management Committee of the Board of Directors of the Company, is scheduled to be held on June 30, 2022, inter- alia to consider and approve 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.