The Board of Directors of Manappuram Finance Limited is scheduled to meet on December 5, 2025, to consider and approve the issuance of secured, non-cumulative, redeemable, listed, rated, non-convertible taxable debentures. The debentures will have a face value of ₹1,00,000 each, with an aggregate amount of up to ₹500,00,00,000 via private placement.
Debenture Issuance on the Horizon
Manappuram Finance Limited has announced an upcoming board meeting to discuss a potential debenture issuance. The meeting is slated to occur on December 5, 2025, during which directors will evaluate the raising of funds through the issuance of specific financial instruments.
Details of the Proposed Debenture Issuance
The proposed issuance involves secured, non-cumulative, redeemable, listed, rated, non-convertible taxable debentures. The face value per debenture is set at ₹1,00,000 (Indian Rupees One Lakh only). The company aims to raise an aggregate amount of up to ₹500,00,00,000 (Indian Rupees Five Hundred Crores only) through this private placement of debentures.
Source: BSE
