The Company is considering various options for raising funds through borrowings including by the way of issuance of various debt securities in onshore / offshore securities market by Public Issue, on Private Placement Basis or through issuing Commercial Papers. Based on the prevailing market conditions, the Board of Directors / Financial Resources and Management Committee / Debenture Committee of the Board of Directors of the Company may consider and approve issuances of Debt Securities during the month of January, 2023, subject to such terms and conditions including the issue price of debt securities, as the Board / respective Committee may deem fit.
This is for your information and is in compliance with Regulation 29 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations2015.
Request you to kindly take the same on your record.
Thanking you,
Yours Faithfully,
For Manappuram Finance Limited
MANOJKUMAR V R
Manoj Kumar V.R Company Secretary
Digitally signed by MANOJKUMAR V R DN: c=IN, o=Personal, title=3934, pseudonym=3f7d8785d77fb57dd41384a01ace5999cb26a0cd22 b7f334f205d40dbfb622b7, postalCode=680581, st=Kerala, serialNumber=ec0b07b2d06a85987aa84d48d23761b1c13f03d6 6989437cb6348bc1a592cc87, cn=MANOJKUMAR V R
Date: 2022.12.27 08:59:41 +05'30'
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Manappuram Finance Limited published this content on 27 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2022 11:19:49 UTC.
Manappuram Finance Limited is an India-based non-banking financial company (NBFC). The Company provides credit services to people belonging to the lower socio-economic classes, particularly in rural and semi-urban areas of India. Its segments include Gold loan and others, and Micro Finance. The Company offers a range of retail credit products and financial services. The Company has a diversified lending portfolio encompassing retail, microfinance, small and medium-sized enterprises (SME) and commercial customers. Its products include online gold loan, gold loan, business loan, personal loan(secured), doorstep gold loan, forex and money transfer, vehicle loan, digital personal loan, micro home finance, other loans, other services, restaurant finance, loan to food industry and small-scale industries finance. It is engaged in providing microfinance industry (MFI) loans, such as income generating program (IGP) loan; product loan; micro, small and medium enterprises loan, and gold loan.