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.

Promoters of manappuram finance have confirmed that they did not create any encumbrance on their shareholdings during the financial year ended March 31, 2026. This disclosure ensures that the shares held by the promoters and Persons Acting in Concert (PACs) remain unpledged, which is a key indicator of financial stability for the non-banking financial company.

The declaration was submitted by V.P. Nandakumar, Sushama Nandakumar, Jyothy Prasannan, Suhas Nandan, Sooraj Nandan, Sumitha Nandan, and Shelly Ekalavian. Each promoter addressed the communication to the Audit Committee of Manappuram Finance Limited and the stock exchanges, including BSE Limited, National Stock Exchange of India Limited, and India International Exchange (IFSC) Ltd.

The filing was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to annually disclose the status of encumbrances on their holdings to ensure transparency for shareholders.

The following table details the promoters who submitted the declaration:

The letters explicitly state that no encumbrance was made directly or indirectly on the shares of Manappuram Finance Limited held by the promoters or their PACs during the specified financial year. The declarations were submitted for the information and records of the Audit Committee and the exchanges.