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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%).
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.
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.
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 Ltd as of April 10, 2026. The offer involves the acquisition of up to 26% stake by BC Asia Investments XXV Limited and PACs under SEBI takeover regulations.
Kotak Mahindra Capital, acting as manager, reported that zero equity shares have been tendered as of April 10, 2026, in the Open Offer for Manappuram Finance Limited. The offer by BC Asia Investments and PACs seeks to acquire up to 24.42 crore shares, representing 26% of the company's expanded voting share capital.
BC Asia Investments XXV Limited and PACs are conducting an open offer to acquire up to 24,42,27,387 shares (26.00% stake) of Manappuram Finance Limited. As of April 9, 2026, zero shares have been tendered into the escrow demat account. The offer follows SEBI (SAST) Regulations and the Letter of Offer dated March 25, 2026.
Kotak Mahindra Capital Company, as Manager to the Open Offer for Manappuram Finance Limited, reported that zero equity shares were tendered in the escrow demat account as of April 9, 2026. The offer is for the acquisition of up to 26% stake by BC Asia Investments XXV Limited and PACs.
Kotak Mahindra Capital, acting as Manager to the Offer, reported that no equity shares of Manappuram Finance Limited have been tendered in the Open Offer escrow account as of April 8, 2026. The offer involves the acquisition of up to 24,42,27,387 shares by BC Asia Investments and PACs.
BC Asia Investments XXV Limited and PACs are conducting an open offer to acquire up to 26% stake in Manappuram Finance Limited. As of April 8, 2026, nil shares have been tendered in the escrow demat account. This routine update follows the Letter of Offer dated March 25, 2026.
Kotak Mahindra Capital reported that zero equity shares were tendered in the Open Offer for Manappuram Finance Limited as of April 7, 2026. The offer, led by BC Asia Investments XXV Limited and PACs, seeks to acquire up to 26% of the company's expanded voting share capital.