Liquidity Lift: Manappuram Approves ₹5B Non-Convertible Debenture Issue

Manappuram Finance Ltd has approved the issuance of ₹5 billion non-convertible taxable debentures via private placement. The secured, redeemable, and listed instruments will strengthen liquidity, diversify funding, and support lending operations. The move highlights the NBFC’s strategy to enhance financial resilience and expand its portfolio across gold loans and microfinance.

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