Manappuram Finance Limited — Important, 25-06-2025: General Updates

Manappuram Finance has announced a board meeting to consider the financial results for the quarter and half-year. The company is proceeding with a preferential issue to BC Asia Investments for over ₹4,384 Cr (combined equity shares and warrants at ₹236 per share/warrant), enabling the investors to gain joint promoter status alongside existing promoters. The Competition Commission of India has approved this transaction and the related open offer, with completion pending other regulatory approvals, including from the RBI. This marks a significant strategic capital infusion and shift in promoter control.