Manappuram Finance Records Tendered Shares in Open Offer
As of April 7, 2026, Manappuram Finance Limited recorded the tender of a specific number of Equity Shares in connection with the Open Offer for acquiring up to 24,42,27,387 fully paid up equity shares. The shares have a face value of IN 2 (Indian Rupees Two) Each and represent 26.00% of the Expanded Voting Share Capital of Manappuram Finance Limited.The Open Offer was initiated by BC Asia Investments XXV Limited, which acted as the Acquirer. The transaction involves several parties acting in concert with the Acquirer for the purpose of the Open Offer, including:
- BC Asia Investments XIV Limited (PAC 1)
- BC Asia Investments XXIV Limited (PAC 2)
- BC Asia Investments XXVI Limited (PAC 3)
- BC Asia Investments XXI Limited (PAC 4)
- Bain Capital Asia Fund V, L.P. (PAC 5)
- BC Asia V CTB Investors, L.P. (PAC 6)
- BC Asia V Private Investors, L.P. (PAC 7)
The details regarding the Equity Shares tendered by Public Shareholders were noted in the Open Offer Escrow Demat Account titled "MIIPL MANAPPURAM FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT," which is held with Ventura Securities Limited. This account operates under the depository participant identification number IN303116 and the client identification number 15544837 (PAN: AABCM6882E).
The statement detailing these shares was received by the Manager to the Open Offer from Ventura Securities Limited at 17:07:48 on April 7, 2026.
The reported shares reflect the Equity Shares in dematerialized form tendered by Public Shareholders. The number of shares tendered by Public Shareholders may differ from the number of Equity Shares that will ultimately be accepted by the Acquirer in the Open Offer. Acceptance of the "validly tendered" Equity Shares shall be in accordance with the SEBI (SAST) Regulations and the Letter of Offer dated March 25, 2026.
MANAPPURAM Stock Price Movement
Shares of Manappuram Finance Limited today slipped by 1.77% to settle at ₹256.05. The stock traded on a volume of 2.50 million shares, dipping at times to ₹254.3 during the session.Source:
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