MANAPPURAM FINANCE LTD. - 531213 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
We have been informed by our promoter, Mr. VP Nandakumar, that he has received an order of freezing his personal asset on May 4, 2023 under section 17 (1-A) of the Prevention of Money Laundering Act, 2002, These include 19,29,01,996 equity shares in the Company held by him. MANAPPURAM FINANCE LTD. - 531213 - Update On Enforcement Directorate'S On-Going Search At The Registered Office Of Manappuram Finance Limited Increase In Volume
Dear Sir/ Madam, This is with reference to the update on the Enforcement Directorate's ongoing search at the registered office of Manappuram Finance Limited. This is mainly with reference to the deposits accepted by Manappuram Agro Farms (MAGRO), an erstwhile sole proprietor of the concern of the promoter, prior to 2012, which were subsequently repaid except of the deposit of Rs 9.25 lakhs which could not be repaid by them despite MAGRO's continuous efforts. In this regard we would like to inform you that the Company is co-operating with the Enforcement Directorate's investigation team by providing the required details sought by them. We will be able to provide more information on completion of the search. There is not any material information other than stated above in the possession of the company which might be cause of increase in volume of the security of the company. Request you to kindly take the same on your record. MANAPPURAM FINANCE LTD. - 531213 - Clarification sought from Manappuram Finance Ltd
The Exchange has sought clarification from Manappuram Finance Ltd on May 04, 2023, with reference to Movement in Volume.The reply is awaited.
Manappuram Finance issues clarification on ED searches; says extending full cooperation
Manappuram Finance issued a clarification on ED searches and further stated that it would be able to provide more information once the search process is over. MANAPPURAM FINANCE LTD. - 531213 - Clarification/Confirmation On News Item Appearing In Media
This is with reference to recent news item which appeared in the Media dated 03rd May 2023 captioned "ED searches premises linked to Manappuram Finance, promoter VP Nandakumar''s residence.' We wish to place the following information and clarification on record with the stock exchanges: The ED is conducting a search at our Registered Office. We are extending full cooperation to the Department, including providing complete information sought by them. As the search is ongoing, we will be able to provide more information on its completion. Manappuram Finance Limited has always adhered to the best practices in corporate governance and compliances. Request you to kindly take the same on your record. MANAPPURAM FINANCE LTD. - 531213 - Clarification/Confirmation On News Item Appearing In Media
This is with reference to recent news item which appeared in the Media dated 03rd May 2023 captioned "ED searches premises linked to Manappuram Finance, promoter VP Nandakumar''s residence.' We wish to place the following information and clarification on record with the stock exchanges: The ED is conducting a search at our Registered Office. We are extending full cooperation to the Department, including providing complete information sought by them. As the search is ongoing, we will be able to provide more information on its completion. Manappuram Finance Limited has always adhered to the best practices in corporate governance and compliances. Request you to kindly take the same on your record. MANAPPURAM FINANCE LTD. - 531213 - Clarification sought from Manappuram Finance Ltd
The Exchange has sought clarification from Manappuram Finance Ltd on May 3, 2023, with reference to news appeared in ZEE Business. dated May 3, 2023 quoting"ED searches premises linked to Manappuram Finance, promoter VP Nandakumar''s residence. "The reply is awaited. MANAPPURAM FINANCE LTD. - 531213 - Announcement under Regulation 30 (LODR)-Raising of Funds
Sub: Intimation of Board / Committee Meetings for Fund Raising. Ref: Sec/SE/385/2022-23 dated March 24,2023 The Company is considering various options for raising funds through borrowings including by the way of issuance of various debt securities in onshore / offshore securities market by Public Issue, on Private Placement Basis or through issuing Commercial Papers. Based on the prevailing market conditions, the Board of Directors / Financial Resources and Management Committee / Debenture Committee of the Board of Directors of the Company may consider and approve issuances of Debt Securities during the month of May, 2023, subject to such terms and conditions including the issue price of debt securities, as the Board / respective Committee may deem fit. MANAPPURAM FINANCE LTD. - 531213 - Intimation In Terms Of Regulation 61(4) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Please find enclosed herewith a certificate issued under Regulation 61(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 issued by CS. Suresh M V, Senior Partner, SMS&CO, Company Secretaries, LLP, for the period April 1, 2022 to March 31, 2023. MANAPPURAM FINANCE LTD. - 531213 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyMANAPPURAM FINANCE LTD. 2CIN NO.L65910KL1992PLC006623 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 19172.43 4Highest Credit Rating during the previous FY AA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Manoj Kumar V R Designation: COMPANY SECRETARY EmailId: cs@manappuram.com Name of the Chief Financial Officer: Bindu A L Designation: Chief Financial Officer EmailId: bindhu@manappuram.com Date: 28/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.