StockWatch
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Non Banking Financial Company (NBFC)
Management Change12 May 2026, 10:30 am

Manappuram Finance: Independent Directors Resign

AI Summary

Manappuram Finance Ltd. announced the resignations of six Non-Executive Independent Directors, effective May 5, 2026. The directors are Mr. Abhijit Sen, Ms. Pratima Ram, Ms. V P Seemandini, Mr. T C Suseel Kumar, Mr. Edodiyil Kunhiraman Bharat Bhushan, and Mr. Sankaran Nair Rajagopal. The company has disclosed details of directorships held by the resigning directors in other listed entities, including their roles and committee memberships, as of April 1, 2026.

Key Highlights

  • Six independent directors resigned from Manappuram Finance, effective May 5, 2026.
  • Resigning directors include Abhijit Sen, Pratima Ram, V P Seemandini, T C Suseel Kumar, E K Bharat Bhushan and Sankaran Nair Rajagopal.
  • Disclosure includes directorships held by resigning directors in other listed entities.
  • T C Suseel Kumar held independent directorships in PCBL Chemical, Firstsource Solutions, and LIC Housing Finance.