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The latest update is out from Manappuram Finance Limited ( (IN:MANAPPURAM) ).
Manappuram Finance Limited has called an Extraordinary General Meeting (EGM) on January 22, 2026, to be conducted via video conferencing, seeking shareholder approval to increase its borrowing limits beyond the aggregate of its paid-up share capital, free reserves and securities premium, and to create charges or mortgages on its properties to secure such borrowings under applicable provisions of the Companies Act, 2013. The meeting will also consider a revision in the remuneration of Whole-time Director Dr. Sumitha Nandan, with remote e-voting arranged through CDSL, signaling the company’s intent to expand its funding flexibility for future growth while adjusting its leadership compensation structure, developments that could influence its capital structure and governance framework for stakeholders.
More about Manappuram Finance Limited
Manappuram Finance Limited is a non-banking financial company (NBFC) that primarily offers gold loans and other retail lending and financial services, with a focus on serving customers across India’s urban and semi-urban markets.
Average Trading Volume: 246,466
Technical Sentiment Signal: Buy
Current Market Cap: 265.5B INR
For detailed information about MANAPPURAM stock, go to TipRanks’ Stock Analysis page.