FilingReader Intelligence

Manappuram Finance board to approve new borrowing program

March 28, 2025 at 12:13 AM UTCBy FilingReader AI

Manappuram Finance (BSE: MANAPPURAM) has announced that its Board of Directors will meet on Saturday, March 29, 2025, to consider and approve a new borrowing program. The program includes the issuance of redeemable non-convertible debentures, notes, and bonds (Debt Securities) in both onshore and offshore markets. The company plans to utilize private placements and/or public issues to facilitate this borrowing for the fiscal year 2025-26. This initiative aims to bolster the company's financial resources and support its growth strategies. The announcement was made to comply with Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:MANAPPURAMBombay Stock Exchange

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