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Manappuram Finance Plans Fundraising via Securities Issuance

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Manappuram Finance Plans Fundraising via Securities Issuance

Manappuram Finance Limited ( (IN:MANAPPURAM) ) has issued an update.

Manappuram Finance Limited has announced a Board meeting scheduled for March 20, 2025, to consider a proposal for raising funds through various financial instruments, including equity shares and debt securities. This move is aimed at strengthening the company’s financial position and requires regulatory and member approvals. Additionally, the company has closed its trading window from March 17 to March 24, 2025, in compliance with insider trading regulations.

More about Manappuram Finance Limited

Manappuram Finance Limited operates in the financial services industry, primarily focusing on providing loans against gold jewelry and other financial products. The company is known for its market presence in the gold loan sector and aims to cater to the financial needs of individuals and businesses.

YTD Price Performance: 9.26%

Average Trading Volume: 625,180

Current Market Cap: 176.1B INR

For an in-depth examination of MANAPPURAM stock, go to TipRanks’ Stock Analysis page.

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