
Dividend11 Aug 2026, 04:50 pm
Manappuram Finance Declares Interim Dividend of ₹1 Per Share
AI Summary
Manappuram Finance Ltd announced the declaration of an interim dividend of ₹1 per equity share (50% of face value) following a Board of Directors meeting on August 11, 2026. The record date for this dividend payment is set for August 17, 2026. The company also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the Board approved plans to raise funds up to ₹1,00,000 crores through various instruments, subject to shareholder approval. Key management changes were also approved, including the appointment of Mr. Ashish Singh as MD & CEO and the redesignation of Mr. V.P. Nandakumar as Non-Executive Chairperson.
Key Highlights
- Interim dividend of ₹1 per equity share declared.
- Record date for dividend payment is August 17, 2026.
- Unaudited financial results for Q1 FY27 approved.
- Board approved fund raising up to ₹1,00,000 crores.
- Key management changes including MD & CEO appointment approved.
Price Impact
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