Manappuram Finance gets board's nod for raising up to Rs 1,150cr In a regulatory filing the company said the Financial Recourse and Management Committee of the board of directors at its meeting held on Friday has approved the said fund raising plan.
Manappuram Finance to raise up to Rs 1,150cr via debentures "Financial resources and management committee of the board of directors of the company held on February 07, 2020 approved the issuance and private placement of rated, secured, redeemable non-convertible debentures up to Rs 1,150 crore," Manappuram Finance said in a regulatory filing.
Baring India offloads Manappuram Finance shares worth over Rs 721cr Among the buyers were Key Square Master Fund II LP, Copthall Mauritius Investment Ltd and Societe Generale, that bought a total of 2.26 crore shares at similar price, valuing the total deal amount at Rs 394.11 crore, the bulk data showed.
Manappuram Finance Limited Just Recorded A 7.0% Earnings Beat: Here’s What Analysts Think The quarterly results for Manappuram Finance Limited (NSE:MANAPPURAM) were released last week, making it a good time...
Top buy and sell ideas by Ashwani Gujral, Mitesh Thakkar, Prakash Gaba for short term Mitesh Thakkar of miteshthakkar.com recommends buying ACC with a stop loss of Rs 1533 for target of Rs 1580 and Infosys with a stop loss of Rs 775 for target of Rs 806.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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