Deals24 Feb 2025, 07:07 pm
Manappuram Finance Shares Surge 4% as Bain Capital Nears $1 Billion Deal
AI Summary
Manappuram Finance Ltd. has clarified a news item that appeared in 'https://economictimes.indiatimes.com/' on February 24, 2025. The company confirmed that there is no disclosure required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company is exploring strategic/growth opportunities in the best interest of its stakeholders. However, it will not comment on the movement in its share price. Manappuram Finance has disclosed all information that has a bearing on its operations/performance as required by Regulation 30 of the Listing Regulations.
Key Highlights
- Manappuram Finance shares surge 4% due to Bain Capital nearing a $1 billion deal
- Company confirms no disclosure required under Regulation 30 of SEBI Listing Regulations
- Manappuram Finance explores strategic/growth opportunities for stakeholders
- Company will not comment on share price movement
- Manappuram Finance has disclosed all required information as per Regulation 30 of SEBI Listing Regulations