Manappuram Finance shares surge 13% after Bain Capital announces Rs 4,385-cr investment, acquiring an 18% stake and joint ...

As part of the deal, Bain Capital will acquire an 18.0% stake in Manappuram Finance on a fully diluted basis through a ...

Under the agreement, Bain Capital will invest about Rs 4,385 crore to buy an 18 per cent stake in Manappuram Finance.

Private equity firm Bain Capital has agreed to acquire joint control of Manappuram Finance Ltd, a Kerala-based ...

Existing promoters will hold a 28.9% stake in the company post the investment on a fully diluted basis, Manappuram said. VP Nandakumar, the current MD and promoter of the lender will take over as ...

After months of negotiations largely centred on valuations, a deal seems imminent in Manappuram Finance. Promoted by VP Nandakumar, who is also the MD & CEO of India’s second largest gold financier, ...

The Board also approved an agreement between Manappuram Finance, VP Nandakumar and Manappuram Asset Finance (MAFL) to acquire 99.917% stake in the a non-deposit taking NBFC. Manappuram's ...

The non-banking financial company, promoted by VP Nandakumar, also provides gold loan. Notably, it is India’s second largest gold financier. As per the report, the deal is expected to be completed in ...

Bain Capital to acquire 18% stake in Manappuram Finance for Rs 4,385 crore, with plans for an open offer to raise ownership ...