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Manappuram Finance gets Committee approval for allotment of NCDs aggregating Rs 200 cr

Capital Market 

On private placement basis

Manappuram Finance announced that the Financial Recourse and Management Committee of the Board of Directors of the Company at its meeting held on 18 November, 2019, approved the allotment of 2000 Secured, Rated, Listed, Redeemable Non -Convertible Debentures (NCDs) of face value of Rs.10 Lakh each, aggregating to Rs. 200 crore on a Private Placement basis.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 18 2019. 17:44 IST
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