Manappuram Finance Limited — Others, 05-11-2024: Related Party Transactions
05-11-2024 · 03:47 pm
Manappuram Finance Limited's Board approved its Q2 FY24 financial results, declaring an interim dividend of Re.1 per share. The record date for the dividend is November 18, 2024. The company reported the embezzlement of Rs. 19.78 crores, with a recovery plan in place. Additionally, Asirvad Micro Finance Limited, a subsidiary, is facing a restriction on loan disbursal due to regulatory concerns but continues to operate for existing clients. Full financial disclosures will be available through the investor website.
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