Manappuram Finance Limited announced that its Chief Executive Officer, Mr. Deepak Reddy, has taken an immediate medical leave of absence starting February 25, 2026. Mr. Reddy will be traveling overseas for necessary medical treatment. The duration of his absence is estimated to be between 90 to 120 days, depending on the progression of his treatment. The company has informed the stock exchanges about this change in key managerial personnel status.
Immediate CEO Leave Announcement
Manappuram Finance Limited has formally notified the exchanges regarding an unforeseen change in the leadership structure. Mr. Deepak Reddy, the company’s Chief Executive Officer and a Key Managerial Personnel, has informed the Board that he requires an immediate leave of absence for medical reasons.
Details of Medical Treatment and Duration
The necessary medical treatment requires Mr. Reddy to travel overseas starting today, February 25, 2026. The anticipated duration for this medical leave is projected to be between 90 to 120 days. This timeframe is contingent upon the expected progression of his medical treatment overseas.
Regulatory Disclosure
This intimation serves as the official update to the market regarding the temporary unavailability of the CEO. The company confirmed that this disclosure is also being uploaded on the official Manappuram Finance website for public viewing, fulfilling all applicable disclosure requirements.
The announcement was executed by the Company Secretary, Mr. Manoj Kumar VR, on February 25, 2026.
Source: BSE
