Manappuram Finance Limited’s Board of Directors has approved an interim dividend of ₹1 per equity share, with a face value of ₹2 each (50%), for the financial year 2026-27. This decision was made during the board meeting held on August 11, 2026. The record date for the dividend payment is set for Monday, August 17, 2026. Additionally, the board reviewed and approved the unaudited financial results for the quarter ended June 30, 2026.
Interim Dividend Declared
The Board of Directors of Manappuram Finance Limited, in its meeting held on August 11, 2026, has declared an interim dividend of ₹1 (Rupee One only) per equity share. This dividend is for the financial year 2026-27 and is based on an equity share face value of ₹2 each (50%).
Record Date and Payment Details
The dividend will be paid or dispatched to shareholders whose names appear as beneficial owners or members as of the end of business hours on Monday, August 17, 2026. This date has been fixed as the Record Date for the payment of the interim dividend. Shareholders holding shares in electronic form will receive the dividend based on the lists provided by depositories, while physical shareholders will be processed based on the company’s register of members.
Financial Results and Fund Raising
In addition to the dividend declaration, the Board also approved the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026. The meeting also saw the approval for the proposed enhancement of the Company’s borrowing limits to ₹1,00,000 crores, with plans to raise funds through the issuance of listed Non-Convertible Debentures/Bonds and Commercial Papers, subject to shareholder approval.
Leadership Appointments
The Board also approved the appointment of Mr. Ashish Singh as the Managing Director & Chief Executive Officer for a period of five years from January 1, 2027, subject to shareholder approval. Furthermore, the continuation of Mr. V.P. Nandakumar as Managing Director and Chairperson until December 31, 2026, and his subsequent redesignation as Non-Executive Chairperson from January 1, 2027, were also approved.
Source: BSE
