Manappuram Finance board approves plan to raise Rs 500 crore via bonds

Manappuram Finance board approves plan to raise Rs 500 crore via bonds The committee approved the issuance of private placement of rated, redeemable non-convertible debentures for an amount of Rs 150 crore with an option to retain over subscription up to Rs 350 crore aggregating to Rs 500 crore, it added.

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