Manappuram Finance: No Deviation in Preferential Issue Proceeds

Manappuram Finance Ltd has confirmed that there are no deviations in the utilization of proceeds from its preferential issue for the quarter ended September 30, 2026. This confirmation is based on the Monitoring Agency Report issued by Crisil Ratings Limited, acting as the independent monitoring agency. The report, submitted as per SEBI regulations, covers the utilization of funds from the preferential issue of equity shares and warrants, which amounted to ₹4,384.94 crore. The company and its subsidiaries have utilized the proceeds as per the disclosures in the Offer Document.