Manappuram Finance announced a major leadership overhaul. The board appointed four Independent Directors (including former RBI and CIBIL executives) and two Bain Capital partners as Non-Independent Directors. Key redesignations include Sumitha Nandan as Vice-Chairperson and Buvanesh Tharashankar as CFO, strengthening the company's governance and executive framework.
Manappuram Finance Limited has approved convening an Extraordinary General Meeting (EGM) to obtain shareholder approval for the appointment of two Investor Nominee Directors and four Independent Directors. The board also approved the re-constitution of various board committees following these appointments.
Manappuram Finance announced a major board overhaul following a change in promoter control. Six independent directors resigned, replaced by six new appointments. Key management changes include Dr. Sumitha Nandan becoming Vice-Chairperson and Mr. Buvanesh Tharashankar taking over as CFO, effective May 5, 2026. This reorganization aligns the leadership with the company's new promoter structure.
Manappuram delivered a solid Q4 FY26 with strong gold loan momentum, though non-gold segments like microfinance show ongoing asset quality stress despite strategic shifts.
Manappuram Finance Limited reported the conclusion of an Open Offer post-tendering stage. No shares were tendered by shareholders during the offer period at the price of ₹248.29 per share, resulting in zero consideration paid. The acquirer and PAC post-offer shareholding remains at 9,29,01,373 shares (0.0989%).
Manappuram Finance Limited declared a fourth interim dividend of Rs. 0.50 per equity share (25%) for FY 2025-26. The record date for eligibility is May 11, 2026, with payments scheduled to be completed by May 29, 2026.
Manappuram Finance Limited has approved the continuation of Mr. V.P. Nandakumar as Managing Director and Chairperson until September 30, 2026. Effective October 1, 2026, he will be re-designated as Non-Executive Director and Chairperson of the Board.
Manappuram Finance Limited announced that Mr. V.P. Nandakumar will continue as Managing Director until September 30, 2026. On October 1, 2026, he will transition to the role of Non-Executive Director and Chairperson. This board redesignation ensures leadership continuity for the company.
Manappuram Finance Limited declared an interim dividend of Rs. 0.50 (25%) per equity share for FY 2025-26. The record date for determining shareholder eligibility is Monday, May 11, 2026. The Board also approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Manappuram Finance Limited declared an interim dividend of ₹0.50 per equity share for Q4 FY 25-26. The record date for eligibility is May 11, 2026, with payments scheduled to be completed by May 29, 2026.
Manappuram Finance Limited approved its audited FY26 financial results and declared an interim dividend of ₹0.50 per share (25%). The record date for the dividend is set for May 11, 2026. Consolidated annual total income stood at ₹9,524.68 Crore with a net profit of ₹993.14 Crore.
Manappuram Finance Limited has scheduled a Board Meeting on May 4, 2026. The board will consider audited standalone and consolidated financial results for the year ended March 31, 2026, and a proposal for an interim dividend. The trading window is closed from April 1 to May 7, 2026.
Manappuram Finance Ltd has scheduled a Board meeting on May 04, 2026. The Board will consider Audited Standalone and Consolidated Financial Results for the year ended March 31, 2026, and a proposal for an interim dividend.
SEBI issued an administrative warning to Manappuram Finance Ltd's Chairman, Mr. V.P. Nandakumar, for a 7-day delay in disclosing share encumbrances in 2018. The company stated this has no financial impact as it was issued in his personal capacity.
BC Asia Investments entities acquired a significant stake in Manappuram Finance Ltd, obtaining 9.89% of equity shares and 9.00% in warrants. Following this acquisition on April 21, 2026, the investors have acquired control and are now classified as promoters. This strategic investment results in a total diluted holding of 18.00% for the acquirers.
Manappuram Finance Limited has fixed record dates in May 2026 for the redemption of three Commercial Paper series (ISINs: INE522D14PD4, INE522D14PE2, INE522D14OL0). Redemption payments are scheduled between May 15 and May 22, 2026.
Manappuram Finance Limited has intimated the listing of 52,500 units under ISIN INE522D07CK1 on the BSE Limited. The allotment took place on April 20, 2026, with the listing effective from April 21, 2026. This follows SEBI's Master Circular requirements for debt securities.
Kotak Mahindra Capital, acting as Manager to the Open Offer, disclosed that zero equity shares were tendered in the escrow account as of April 20, 2026. The offer by BC Asia Investments entities aims to acquire up to 26% of Manappuram Finance Limited for approximately ₹48.85 Crore. Final acceptance remains subject to verification.
BC Asia Investments XXV Limited and BC Asia Investments XIV Limited have acquired control of Manappuram Finance Limited following a concluded open offer. The Investors are now classified as 'promoters' alongside existing promoters V.P. Nandakumar and family. The open offer concluded on April 20, 2026, with no shares tendered by the public.
Kotak Mahindra Capital, manager to the open offer for Manappuram Finance Ltd, reported that nil shares have been tendered in the escrow demat account as of April 20, 2026. The offer is for up to 24,42,27,387 equity shares by BC Asia Investments entities, representing 26% of share capital.
Kotak Mahindra Capital, acting as Manager to the Open Offer for Manappuram Finance Limited, reported that nil shares have been tendered in the escrow demat account as of April 17, 2026. The offer pertains to the acquisition of up to 26% stake by BC Asia Investments and PACs.
Kotak Mahindra Capital, acting as Manager to the Offer, reported that nil equity shares were tendered in the Open Offer escrow account for Manappuram Finance Limited as of April 16, 2026. The offer involves the acquisition of up to 24.42 crore shares, representing 26% of the company's expanded voting share capital by BC Asia Investments and PACs.
Kotak Mahindra Capital, the Manager to the Open Offer for Manappuram Finance Limited, reported that no equity shares were tendered in the escrow account as of April 16, 2026. The offer pertains to the acquisition of up to 24,42,27,387 shares, representing 26.00% of the target company's expanded voting share capital.
Kotak Mahindra Capital, acting as manager, disclosed that no equity shares were tendered by public shareholders in the Open Offer for Manappuram Finance Limited as of April 15, 2026. The offer is for a 26% stake by BC Asia Investments and PACs. The disclosure reflects shares held in the escrow demat account pending validation.
Kotak Mahindra Capital reported that zero shares were tendered in the Open Offer for Manappuram Finance Ltd as of April 15, 2026. The offer is being made by BC Asia Investments and PACs for up to 24.42 crore shares. Shares tendered remain subject to validation under SEBI SAST Regulations.
Manappuram Finance Limited submitted its half-yearly statement of debt securities for the period ended March 31, 2026. The report details multiple Non-Convertible Debentures (NCDs) issued on a private placement basis, showing a total outstanding amount of ₹3,150 Crore. This disclosure complies with SEBI's NCS Regulations and Master Circular requirements.
Kotak Mahindra Capital, acting as manager, reported that no equity shares were tendered by public shareholders in the Open Offer for Manappuram Finance Limited as of April 13, 2026. The offer, led by BC Asia Investments XV Limited, seeks to acquire up to 26% of the company's expanded voting share capital.
Kotak Mahindra Capital, manager to the open offer for Manappuram Finance Limited, reported that zero equity shares were tendered by public shareholders as of April 13, 2026. The offer is for up to 24,42,27,387 shares by BC Asia Investments and PACs. Acceptance remains subject to validation per SEBI SAST Regulations.