Manappuram Finance Reports Tendered Equity Shares in Open Offer

Manappuram Finance Reports Tendered Equity Shares in Open Offer​

Manappuram Finance Ltd reported the number of Equity Shares tendered through the Open Offer mechanism on April 6, 2026. The filing details the Open Offer for the acquisition of up to 24,42,27,387 fully paid up equity shares of face value of INR 2, representing 26.00% of the Expanded Voting Share Capital of Manappuram Finance Limited.

The Open Offer was orchestrated by BC Asia Investments XXV Limited, designated as the Acquirer. The participating parties in this transaction include 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), and BC Asia V Private Investors, L.P. (PAC 7), who are acting in concert with the Acquirer.

As of 17:14:27 on April 6, 2026, a statement from Ventura Securities Limited, the Manager to the Open Offer, indicated the number of Nil Equity Shares tendered in the Open Offer Escrow Demat Account, identified as "MIIPL MANAPPURAM FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT."

This disclosure pertains specifically to the Equity Shares in dematerialized form tendered by Public Shareholders into the Open Offer Escrow Demat Account, based on the statement received from Ventura Securities Limited. The amount of Equity Shares tendered by Public Shareholders may differ from the number of Equity Shares that the Acquirer will ultimately accept in the Open Offer.

The Open Offer process is governed by the SEBI (SAST) Regulations and the Letter of Offer dated March 25, 2026.

MANAPPURAM Stock Price Movement​

At the close of trade, Manappuram Finance Limited rallied by 1.27% to trade at ₹259.05. The stock saw significant activity today, with trading action confined within an intraday range of ₹252.9 to ₹262.05, logging over 3.37 million shares traded.

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