Manappuram Finance board approves plan to raise Rs 500 crore via bonds

The committee approved the issuance of private placement of rated, redeemable non-convertible debentures for an amount of Rs 150 crore with an option to retain over subscription up to Rs 350 crore aggregating to Rs 500 crore, it added.

from Banking/Finance-Industry-Economic Times https://ift.tt/3jI6Lop