Manappuram Finance to issue NCDs up to Rs 400 cr

The Financial Resources and Management Committee of the Board of Manappuram Finance at its meeting held on 17 December 2020 approved the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of face value of Rs.10,00,000 each for and amount of Rs.100 crore with an option to retain over subscription upto Rs 300 crore aggregating to Rs.400 crore.

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