Key Decisions Approved:

1. Employee Stock Option Scheme Grant

  • The Board approved the grant of stock options under Manappuram Finance Limited - Employee Stock Option Scheme 2025 (ESOP 2025) to eligible employees of the Company.
  • The grant is based on recommendations of the Nomination, Compensation and Corporate Governance Committee.
  • Total number of shares covered by these Options: 428,568 Equity Shares
  • The scheme is in terms of Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2021.
  • Exercise Price: Determined by the Committee subject to a maximum discount of up to 20% on the Market Price of the Shares on the date of Grant.
  • Vesting Period: Options would vest not earlier than 1 year and not later than 5 years from the Grant Date.
  • Exercise Period: Maximum of 5 years commencing from the date of each Vesting.
  • The Scheme shall be administered by the Committee, whose determinations are final and binding.
  • Shares arising from exercise of Vested Options shall not be subject to any lock-in period.
  • No options have been exercised, lapsed, or varied as of this grant.
  • Diluted earnings per share impact not quantified in the disclosure.

2. Fundraising Proposal - DEFERRED

  • The Board considered raising funds by way of issuance of listed Non-Convertible Debentures/Bonds and Commercial Papers.
  • This was part of the proposed enhancement of the borrowing limits of the Company to ₹1,00,000 Crore under Section 180(1)(c) of the Companies Act, 2013.
  • The fundraising was subject to approval of shareholders at the Annual General Meeting.
  • The Board deferred this agenda item and decided to consider it at a subsequent Board Meeting.

3. Senior Management Personnel Changes

  • Effective June 23, 2026, changes were implemented in Senior Management Personnel (SMP) classification:
  • Mr. Manikandan T.G. (Head - Information Technology Department): No longer classified as SMP due to internal reporting realignment. The Group CTO has been designated as the SMP, and Mr. Manikandan T.G. now reports to the Group CTO.
  • Mr. Satheesh Kumar M. (Head - Administration): No longer classified as SMP due to departmental realignment. The Administration function will henceforth report to the CHRO.
  • Reason for both changes: Internal Reporting Realignment
  • Date of cessation as SMP: June 23, 2026
  • No brief profiles or director relationship disclosures required as these were cessation events, not appointments.

The intimation was uploaded on the Company's website at https://www.manappuram.com/ and filed with reference number SEC/SE/69/2026-27 dated June 23, 2026, following up on previous intimation reference no. SEC/SE/63/2026-27 dated June 18, 2026.