Manappuram Finance Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

Manappuram Finance's board met, approving consolidated financial results for Q1 FY26. An interim dividend of Rs. 0.50 per share was declared, with August 14 as the record date. A major leadership transition was announced: MD Mr. V. P. Nandakumar will become Chairman from August 28, succeeding Dr. Shailesh Jayantilal Mehta upon his retirement. The company also boosted its subsidiary, Asirvad Micro Finance, by subscribing to 8.33 crore equity shares at Rs. 60 each, totaling Rs. 500 Cr. The board also updated its senior management team with a few changes.