StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting18 Jun 2026, 05:20 pm

Manappuram Finance Board Meeting on June 23, 2026

AI Summary

Manappuram Finance Limited has announced that its Board of Directors will convene on June 23, 2026. The primary agenda item is to consider and approve the raising of funds. This may include the issuance of listed Non-Convertible Debentures/Bonds and Commercial Papers, as part of enhancing the company's borrowing limits under Section 180(1)(c) of the Companies Act, 2013. Shareholder approval will be required for these actions.

Key Highlights

  • Board meeting scheduled for June 23, 2026.
  • To consider and approve fund raising activities.
  • Potential issuance of NCDs, Bonds, and Commercial Papers.
  • Enhancement of borrowing limits planned.
  • Shareholder approval will be sought.