Manappuram Finance Limited — Important, 09-05-2025: General Updates

Manappuram Finance has announced a board meeting to approve the financial results for the quarter and half-year. The Board declared a 25% interim dividend of Rs. 0.50 per share and approved up to Rs. 500 Cr equity investment in Asirvad Micro Finance to boost capex and working capital, raising its stake to 98.11%. Remuneration revisions for the MD and Executive Director were approved, pending shareholder consent. Long-term borrowings increased to Rs. 11,110 Cr, with incremental borrowings of Rs. 7,080 Cr, reflecting expansion in funding.