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01-Sep2016

Manappuram Finance raises Rs 200 crore through private placement

Manappuram Finance, one of the leading NBFCs of India, has allotted 2000 Secured Redeemable Non-Convertible Debentures (NCDs) by way of Private Placement, having face value of Rs 10 lakh each aggregating to Rs 200 crore on August 31, 2016.

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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