Acquisitions25 Mar 2026, 11:55 am
Manappuram Finance Ltd Receives Open Offer from BC Asia Investments XXV Limited
AI Summary
BC Asia Investments XXV Limited, along with other entities, has made a cash offer of INR 236 per fully paid up Equity Share of Manappuram Finance Ltd, representing 26.00% of the expanded voting share capital. The offer, which is not conditional, is being made in compliance with the SEBI (SAST) Regulations.
Key Highlights
- BC Asia Investments XXV Limited is making a cash offer of INR 236 per Equity Share along with INR 12.29 as interest.
- The offer is for up to 24,42,27,387 Equity Shares, representing 26.00% of the expanded voting share capital.
- The offer is not conditional and is being made in compliance with the SEBI (SAST) Regulations.
- Manappuram Finance Ltd is a public limited company incorporated under the Companies Act, 1956.
- The offer is being made to the Public Shareholders of Manappuram Finance Ltd.