Manappuram Finance Limited has announced that Chief Executive Officer and Key Managerial Personnel, Mr. Deepak Reddy, will be on medical leave from February 25, 2026, for a period of 90 to 120 days. The company disclosed this update to stock exchanges in compliance with SEBI Listing Regulations.
Manappuram Finance Limited has formally notified the stock exchanges about a leadership update concerning its Chief Executive Officer, Mr. Deepak Reddy. In a regulatory filing dated February 25, 2026, the company stated that Mr. Reddy will be traveling overseas for medical treatment and will remain on leave for approximately three to four months, depending on the progression of his treatment.
Key Highlights
-
Mr. Deepak Reddy, CEO and Key Managerial Personnel, has requested medical leave effective February 25, 2026
-
The leave is expected to last between 90 and 120 days, subject to treatment outcomes
-
The disclosure was made under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
-
The intimation has been filed with BSE Limited, NSE, and India International Exchange (IFSC)
-
The company has also uploaded the announcement on its official website for public access
This development is significant for stakeholders as it temporarily alters the leadership structure of Manappuram Finance, a prominent non-banking financial company. The market will closely watch how the firm manages operations during the CEO’s absence.
Sources: Manappuram Finance Limited filing with BSE, NSE, and India International Exchange (IFSC).