Manappuram Finance Provides Strong Guidance for Gold Loan Growth in FY27

Manappuram Finance has issued strong guidance for gold loan growth in FY27, signaling a positive outlook for its core lending business. The company's management has expressed confidence in the trajectory of its gold loan portfolio as it looks ahead to the next fiscal year.

Gold Loan Growth Outlook

The guidance reflects Manappuram Finance's continued emphasis on its gold loan segment, which remains central to its overall business strategy. The company's forward-looking commentary on FY27 growth points to an optimistic stance on demand for gold-backed credit products.

Parameter:	Details
Business Segment:	Gold Loans
Guidance Period:	FY27
Outlook:	Strong Growth

Strategic Focus

Manappuram Finance's guidance for FY27 highlights the importance of the gold loan vertical within its broader financial services portfolio. The company's management commentary underscores a deliberate focus on scaling this segment in the coming fiscal year.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.37%	-4.76%	+6.37%	+13.52%	+32.02%	+90.33%

Manappuram Finance Limited has filed a revised disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated May 12, 2026, in continuation of its earlier intimation dated May 05, 2026. The disclosure pertains to the resignation of six Non-Executive Independent Directors from the company's Board, all effective May 05, 2026.

Board Records Six Independent Director Resignations

The Board of Directors, at its meeting held on May 05, 2026, noted and took on record the resignations of the following individuals as Non-Executive Independent Directors:

Mr. Abhijit Sen (DIN: 00002593)
Ms. Pratima Ram (DIN: 03518633)
Ms. V P Seemandini (DIN: 07850522)
Mr. T C Suseel Kumar (DIN: 06453310)
Mr. Edodiyil Kunhiraman Bharat Bhushan (DIN: 01124966)
Mr. Sankaran Nair Rajagopal (DIN: 10087762)

All resignations are effective from May 05, 2026. The revised disclosure was submitted in compliance with Regulation 30 read with Clause 7B of Para A of Part A of Schedule III of the Listing Regulations, and the SEBI Master Circular dated January 30, 2026 (Reference No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026).

Directorships and Committee Memberships in Other Listed Entities

As required under the Listing Regulations, Manappuram Finance provided details of other listed entity directorships and board committee memberships held by the resigning directors as on April 01, 2026. The following table summarises this information:

Director:	Other Listed Entity Directorships	Category	Board Committee Memberships
Mr. Abhijit Sen	Nil	Nil	Nil
Ms. Pratima Ram	Minda Corporation Limited	Independent Director	Nil
Ms. V P Seemandini	Nil	Nil	Nil
Mr. T C Suseel Kumar	PCBL Chemical Limited; Firstsource Solutions Limited; LIC Housing Finance Limited	Independent Director	See details below
Mr. E K Bharat Bhushan	Nil	Nil	Nil
Mr. Sankaran Nair Rajagopal	Nil	Nil	Nil

Committee Memberships of Mr. T C Suseel Kumar

Among the six resigning directors, Mr. T C Suseel Kumar held the most extensive board committee roles across other listed entities as on April 01, 2026. The details are as follows:

PCBL Chemical Limited:

Audit Committee (Chairman)
Sustainability and Risk Management Committee (Member)
Nomination and Remuneration Committee (Member)

Firstsource Solutions Limited:

Nomination and Remuneration Committee (Chairman)
Audit Committee (Member)

LIC Housing Finance Limited:

Risk Management Committee (Member)
Nomination and Remuneration Committee (Member)
IT Strategy Committee (Member)
Settlement Committee (Member)

Regulatory Compliance

The revised disclosure was signed by Aparna Menon, Company Secretary of Manappuram Finance Limited, and submitted to BSE Limited, National Stock Exchange of India Limited, and India International Exchange (IFSC) Ltd on May 12, 2026. The filing carries Reference No. SEC/SE/36/2026-27 and is in continuation of the earlier intimation bearing Reference No. SEC/SE/28/2026-27, dated May 05, 2026.