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Manappuram Finance Limited
17 articles
Bain Capital's attempt to increase its stake in Manappuram Finance through an open offer has concluded with zero shares tendered by public shareholders, resulting in the investors effectively gaining control of the company. Following the open offer, Bain Capital and its affiliates now hold a 9.89% stake, acquired through a preferential allotment of shares and warrants. The board is now considering fundraising via debt instruments, potentially to support future growth initiatives, subject to shareholder approval. This shift in ownership structure and potential capital raise could impact Manappuram Finance’s strategic direction and financial performance.
Magellanic Cloud Subsidiary IVIS Receives Manappuram Finance LOI
Magellanic Cloud subsidiary IVIS International received non-binding Letter of Intent from Manappuram Finance for AI-powered e-surveillance services.
Proposed engagement covers 1,000+ branches with end
Magellanic Cloud Subsidiary IVIS Secures Manappuram Finance LOI
IVIS International received LOI from Manappuram Finance for AI-powered e-surveillance across 1,000+ branches.
Proposed engagement includes supply, installation, monitoring and maintenance of security
Manappuram Finance Open Offer Zero Acceptance Result
Post-offer advertisement discloses zero shares tendered in Bain Capital's open offer for 26% of Manappuram Finance.
Offer price was INR 248.29 per share, but no shares were acquired from public shareh
Manappuram Finance Open Offer Receives Zero Share Tenders
Disclosure confirms zero equity shares tendered by public shareholders in Bain Capital's open offer for 26% of Manappuram Finance.
The open offer by BC Asia Investments and seven PACs sought to acquir
Manappuram Finance Investors Become Promoters Post Open Offer
• Manappuram Finance intimated SEBI that BC Asia Investments entities became promoters after a mandatory open offer received zero tenders.
• The change in control followed a completed preferential sha
Manappuram Finance Open Offer Receives Zero Share Tenders
• Kotak Mahindra Capital discloses zero equity shares tendered in Bain Capital's open offer for 26% of Manappuram Finance as of April 17, 2026.
• The open offer aimed to acquire up to 24.42 crore shar
Manappuram Finance Open Offer Receives Zero Shares
Discloses zero equity shares tendered by public shareholders in Bain Capital's open offer for 26% of Manappuram Finance.
The disclosure is based on the escrow demat account statement received from Ven
Manappuram Finance Open Offer Receives Zero Share Tenders
• Kotak Mahindra Capital discloses zero equity shares tendered in Bain Capital's open offer for Manappuram Finance as of April 16, 2026.
• The open offer aimed to acquire up to 24.42 crore shares repr
Manappuram Finance Open Offer Receives Zero Share Tenders
• Kotak Mahindra Capital discloses zero equity shares tendered in Bain Capital's open offer for 26% of Manappuram Finance.
• The disclosure reflects dematerialized shares in the escrow account as of A
Manappuram Finance Open Offer Receives Zero Share Tenders
Kotak Mahindra Capital discloses that zero equity shares were tendered by public shareholders in the open offer for Manappuram Finance.
The open offer, managed by Kotak Mahindra Capital, sought to acq
Manappuram Finance Open Offer Receives Zero Shares
Discloses zero equity shares tendered by public shareholders in Bain Capital's open offer for Manappuram Finance as of April 13, 2026.
Specifies shares are subject to validation per SEBI SAST regulati
Manappuram Finance Open Offer Receives Zero Shares
Disclosure to BSE/NSE confirms zero equity shares tendered by public shareholders in Bain Capital's open offer for Manappuram Finance.
The offer is for acquiring up to 24.42 crore shares, representing
Manappuram Finance Open Offer Receives Zero Tenders
Disclosure confirms zero equity shares were tendered by public shareholders in the Bain Capital-led open offer for Manappuram Finance.
The open offer aimed to acquire up to 24.42 crore shares, represe
Manappuram Finance Open Offer Receives Zero Shares
Disclosure to BSE and NSE confirming zero equity shares were tendered by public shareholders in the open offer for Manappuram Finance as of April 8, 2026.
The open offer aimed to acquire up to 24.42 c
Manappuram Finance Open Offer Receives Zero Shares
Disclosure confirms zero equity shares tendered by public shareholders in Bain Capital's open offer for 26% stake in Manappuram Finance.
Open offer was managed by Kotak Mahindra Capital for BC Asia In
Manappuram Finance Open Offer Zero Shares Tendered
Disclosure confirms zero equity shares tendered by public shareholders in Bain Capital's open offer for 26% stake in Manappuram Finance as of April 7, 2026.
The tender is subject to validation of docu
Manappuram Finance Open Offer Receives Zero Share Tenders
Disclosure confirms zero equity shares tendered in open offer for Manappuram Finance Limited as of April 7, 2026.
Open offer by BC Asia Investments consortium sought to acquire up to 24.42 crore share