Alpha Tribe

Manappuram Finance LimitedImportant, 15-04-2025: Updates

15-04-2025 · 09:21 pm

Manappuram Finance has submitted its half-yearly statement of debt securities as part of regulatory compliance. Key figures include a total of ₹25 Cr and ₹100 Cr for bonds maturing in 2030 with a coupon rate of 9.50%, and other significant issuances include ₹600 Cr at an 8.57% coupon rate maturing in 2028 and ₹1100 Cr at 9.22% maturing in 2033. The company has also issued ₹400 Cr at an 8.80% rate due in 2025. Notably, it redeemed ₹250 Cr of 6.95% securities, enhancing its capital management approach. Overall, this financial maneuvering suggests a positive outlook for liquidity management, although investors should monitor the maturity timelines and associated risks of outstanding debts.

No comments yet. Be the first to comment!

All announcements from Manappuram Finance Limited