Manappuram Finance Limited has approved the issuance of secured, non-cumulative, redeemable, listed, rated, non-convertible taxable debentures. The face value is ₹1,00,000 each, for an aggregate amount up to ₹500,00,00,000 (₹500 Crores). These debentures will be issued on a private placement basis. The decision was made during a meeting held on December 5, 2025.
Debenture Issuance Approved
The Board of Directors of Manappuram Finance Limited has given the green light to issue debentures. This decision was finalized during a meeting held on December 5, 2025. The issuance aims to raise capital through private placement.
Key Details of the Debentures
The debentures are characterized as Secured, Non-Cumulative, Redeemable, Listed, Rated, and Non-Convertible Taxable Debentures. Each debenture has a face value of ₹1,00,000 (Indian Rupees one lakh only). The aggregate amount to be raised through this issuance will be up to ₹500,00,00,000 (Indian Rupees Five Hundred Crores only). These debentures will be issued to select investors through a private placement mechanism.
Source: BSE