Non Banking Financial Company (NBFC)
Deals9 April 2026 at 08:31 am

Manappuram Finance Ltd Receives Nil Equity Shares in Open Offer Escrow Demat Account

AI Summary

Kotak Mahindra Capital Company Ltd, the Manager to the Offer, has informed BSE that Nil Equity Shares have been tendered in the Open Offer Escrow Demat Account. The account, named 'MIIPL MANAPPURAM FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT', is held with Ventura Securities Limited. The Equity Shares are subject to validation and verification of submitted documents. The 'validly tendered' Equity Shares will be accepted in accordance with the SEBI (SAST) Regulations and the Letter of Offer dated March 25, 2026.

Key Highlights

  • Manappuram Finance Ltd's Open Offer Escrow Demat Account received Nil Equity Shares.
  • The account is held with Ventura Securities Limited and named 'MIIPL MANAPPURAM FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT'.
  • The Equity Shares are subject to validation and verification of submitted documents.
  • The 'validly tendered' Equity Shares will be accepted in accordance with the SEBI (SAST) Regulations and the Letter of Offer dated March 25, 2026.