Manappuram Finance Ltd

The company termed the report factually incorrect and speculative. In a clarification to the exchanges on 9 January 2026, Manappuram Finance said it has been making regular disclosures on the proposed investment by BC Asia Investments XIV and BC Asia Investments XXV. The transaction involves the acquisition of joint control along with the existing promoters. The company said it has already received approval from the Reserve Bank of India for change in management at Manappuram Finance. Similar approvals have also been obtained for its subsidiaries Asirvad Micro Finance and Manappuram Home Finance. These approvals were disclosed earlier through regulatory filings dated 17 September 2025 and 27 August 2025, respectively. Manappuram Finance said the change of control application for the proposed transaction is under review. Required filings and responses to clarifications sought by the RBI have already been submitted. Final regulatory approval is pending. Manappuram Finance is a leading non-banking financial institution and the 2nd largest financier in the gold loan segment in India. It offers a wide range of products including gold loans, microfinance, housing finance, vehicle loans, and SME financing. The company's consolidated net profit declined 61.5% to Rs 219.88 crore on 13.3% fall in total income to Rs 2,285.36 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

In his role as Group CFO, Buvanesh will provide strategic financial leadership across the Manappuram Group. He will work closely with the leadership team to strengthen financial governance, support long-term business strategy, enhance capital efficiency and enable sustainable value creation while ensuring strong regulatory and compliance standards. Buvanesh is a highly accomplished finance professional and a Chartered Accountant with nearly three decades of experience across leading banking and financial services institutions, having held senior roles across RBL Bank (CFO), Jana Small Finance Bank (CFO), and Citibank in India and overseas. His career spans critical areas such as financial strategy, capital and balance sheet management, regulatory interface, governance, investor engagement, and business analytics. He has consistently partnered business leadership in driving disciplined growth, strengthening controls, and enhancing organizational resilience. Meanwhile, the board also approved an investment of Rs 250 crore in Asirvad Micro Finance (AMFL), a subsidiary of the company, in single/ different tranches. The funds will be used to support AMFL's capital expenditure and working capital requirements. Founded in 1949, Manappuram Finance is a leading non-banking financial institution and the 2nd largest financier in the gold loan segment in India, Over the years, it has evolved into a diversified financial services provider, offering a wide range of products including gold loans, microfinance, housing finance, vehicle loans, and SME financing. The company's consolidated net profit declined 61.5% to Rs 219.88 crore on 13.3% fall in total income to Rs 2,285.36 crore in Q2 FY26 over Q2 FY25. The counter shed 0.73% to Rs 311.40 on the BSE.Powered by Capital Market - Live

In his role as Group CFO, Buvanesh will provide strategic financial leadership across the Manappuram Group. He will work closely with the leadership team to strengthen financial governance, support long-term business strategy, enhance capital efficiency and enable sustainable value creation while ensuring strong regulatory and compliance standards. Buvanesh is a highly accomplished finance professional and a Chartered Accountant with nearly three decades of experience across leading banking and financial services institutions, having held senior roles across RBL Bank (CFO), Jana Small Finance Bank (CFO), and Citibank in India and overseas. His career spans critical areas such as financial strategy, capital and balance sheet management, regulatory interface, governance, investor engagement, and business analytics. He has consistently partnered business leadership in driving disciplined growth, strengthening controls, and enhancing organizational resilience. Meanwhile, the board also approved an investment of Rs 250 crore in Asirvad Micro Finance (AMFL), a subsidiary of the company, in single/ different tranches. The funds will be used to support AMFL's capital expenditure and working capital requirements. Founded in 1949, Manappuram Finance is a leading non-banking financial institution and the 2nd largest financier in the gold loan segment in India, Over the years, it has evolved into a diversified financial services provider, offering a wide range of products including gold loans, microfinance, housing finance, vehicle loans, and SME financing. The company's consolidated net profit declined 61.5% to Rs 219.88 crore on 13.3% fall in total income to Rs 2,285.36 crore in Q2 FY26 over Q2 FY25. The counter shed 0.22% to settle at Rs 313.70 on the BSE.Powered by Capital Market - Live

Manappuram Finance announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 22 January 2026.Powered by Capital Market - Live

Manappuram Finance has approved the allotment of secured, non-cumulative, redeemable, listed, rated, non-convertible taxable debentures of face value of Rs. 1,00,000 (Indian Rupees one lakh only) for an aggregate amount up to Rs. 500 crore on a private placement basis on 15 December 2025. Powered by Capital Market - Live

Manappuram Finance has approved issuance of Secured, Non-Cumulative, Redeemable, Listed, Rated, Non-Convertible Taxable Debentures of face value of Rs. 1,00,000 for an aggregate amount up to Rs. 500 crore on a private placement basis. Powered by Capital Market - Live

Net profit of Manappuram Finance declined 61.47% to Rs 219.88 crore in the quarter ended September 2025 as against Rs 570.65 crore during the previous quarter ended September 2024. Sales declined 13.28% to Rs 2283.46 crore in the quarter ended September 2025 as against Rs 2633.10 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2283.462633.10 -13 OPM %54.9766.12 - PBDT381.46839.25 -55 PBT302.00772.66 -61 NP219.88570.65 -61 Powered by Capital Market - Live

Manappuram Finance announced that the Board of Directors of the Company at its meeting held on 30 October 2025, has recommended a Interim Dividend of Rs.0.5 per share (i.e.25%), subject to the approval of the shareholders.Powered by Capital Market - Live

Manappuram Finance will hold a meeting of the Board of Directors of the Company on 30 October 2025.Powered by Capital Market - Live

The Board of Manappuram Finance at its meeting held on 08 August 2025 has approved appointment of V. P. Nandakumar being Managing Director of the Company, as the Chairman of the Board effective from 28 August 2025 following the retirement of current Chairman, Dr Shailesh Jayantilal Mehta. After completion of his second term as Independent Director of the Company (pursuant to Companies Act, 2013 read with Listing Regulations), Dr Mehta will take a well-deserved retirement on 27 August 2025 (end of business hours).Powered by Capital Market - Live