 "Manappuram Finance")
Non-banking financial company Manappuram Finance on Wednesday said its board has approved raising up to Rs 150 crore through issuance of non-convertible debentures (NCDs) on private placement basis.
The board of directors of Manappuram Finance has approved the issuance of market linked, rated, secured, redeemable non-convertible debentures for Rs 100 crore with an option to retain oversubscription up to Rs 50 crore aggregating to Rs 150 crore on private placement route," the lender said in a regulatory filing.
Manappuram Finance said its board also approved allotment of 1,000 secured rated redeemable non-convertible debentures having the face value of
The board of directors of Manappuram Finance has approved the issuance of market linked, rated, secured, redeemable non-convertible debentures for Rs 100 crore with an option to retain oversubscription up to Rs 50 crore aggregating to Rs 150 crore on private placement route," the lender said in a regulatory filing.
Manappuram Finance said its board also approved allotment of 1,000 secured rated redeemable non-convertible debentures having the face value of
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