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Manappuram Finance to allot NCDs aggregating Rs 200 crore

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Capital Market

On private placement basis

Manappuram Finance announced that the Financial Resources and Management Committee of the Board of Directors of the Company at its meeting held on 30 October 2017 approved the allotment of 2000 Secured Redeemable Non-Convertible Debentures having face value of Rs.10 lakh each for Rs.200 crore on Private Placement basis in compliance with provisions of SEBI (Issue and Listing of Debt Securities) Regulations, 2008 and other applicable Provisions.

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First Published: Oct 30 2017 | 5:50 PM IST

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