Manappuram Finance acquires 2.72% stake in Asirvad Micro Finance

For consideration of Rs 39.54 cr

Manappuram Finance has acquired 2.72% of Equity Shares of Asirvad Micro Finance from S V Raja Vaidyanathan by way of exercising call option. 14,51,978 equity shares of Rs.10/- each were acquired at a premium of Rs.262.35 share aggregating to Rs.272.35 share for a total consideration of Rs.39.54 crore.

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