Manappuram Finance appoints Ashish N Chandak as Chief Compliance Officer

Manappuram Finance Ltd has appointed Ashish N Chandak as its Chief Compliance Officer effective June 20, 2026, following the completion of tenure of the previous officer. The appointment ensures continuity in the company's compliance leadership as Mr. Issac E. A. stepped down after his tenure as Chief Compliance Officer concluded on June 19, 2026.

Change in Senior Management

The transition in the compliance leadership was detailed in an annexure filed by the company. The document outlines the cessation of the previous officer and the subsequent appointment of the new designate.

Tenure Completion and Appointment

The tenure of Mr. Issac E. A. as Chief Compliance Officer of the company stands completed with effect from June 19, 2026. Consequently, the board has approved the appointment of Mr. Ashish N Chandak to the position.

Sl. No.	Particulars	Name of Senior Management Person	Name of Senior Management Person
1	Reason for change	Tenure completion	Additional charge of office along with current designation
2	Date of appointment & terms	Tenure completed effective June 19, 2026	Chief Compliance Officer effective June 20, 2026

In his new role, Chandak will hold the additional charge of the office of Chief Compliance Officer alongside his current designation. He will continue to serve as the Group – Chief Compliance Officer and remain a Senior Management Personnel of the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.67%	+7.19%	+3.76%	+11.79%	+24.11%	+103.64%

Manappuram Finance Ltd has announced that its board will meet on June 23, 2026, to consider raising funds. The meeting is convened to evaluate and approve proposals for the issuance of various financial instruments to bolster the company's capital base. The decision comes as the company seeks to strengthen its financial position to support operational requirements and growth initiatives.

Agenda for the Board Meeting

The primary focus of the meeting will be the discussion and approval of fund-raising mechanisms. The board will review the available options and determine the appropriate method, which may include equity, debt, or other hybrid instruments. The exact quantum of funds to be raised and the specific terms of the issuance will be deliberated upon during the session.

Regulatory Compliance

The proceedings of the board meeting will be conducted in accordance with the regulatory framework established by the Securities and Exchange Board of India (SEBI). The company will ensure that all necessary disclosures are made to the stock exchanges following the conclusion of the meeting to maintain transparency with shareholders and the market.