Manappuram Finance to consider fund raising via debt route

Image
Capital Market
Last Updated : May 28 2021 | 7:16 PM IST

In month of June 2021

Manappuram Finance is considering various options for raising funds through borrowings including by the way of issuance of various debt securities in onshore / offshore securities market by Public Issue, on Private Placement Basis or through issuing Commercial Papers. Based on the prevailing market conditions, the Board of Directors / Financial Resources and Management Committee / Debenture Committee of the Board of Directors of the Company may consider and approve issuances of Debt Securities during the month of June, 2021, subject to such terms and conditions including the issue price of debt securities, as the Board / respective Committee may deem fit.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: May 28 2021 | 7:01 PM IST

Next Story