Bain Capital Acquires 9.89% in Manappuram Finance

BC Asia Investments XXV Limited was allotted 9,29,01,373 equity shares of Manappuram Finance at INR 236 per share via preferential allotment on March 27, 2026.
BC Asia Investments XIV Limited was simultaneously allotted 9,29,01,373 warrants at INR 236 per share, representing 9.00% on a fully diluted basis.
Combined Acquirer and PAC holding post-allotment stands at 9.89% of current equity capital and 18.00% on fully diluted basis, with an open offer for 26% pending.