Manappuram Finance strengthens leadership; approves ₹250 crore infusion into Asirvad Micro

announced a senior leadership change by appointing Buvanesh Tharashankar as Group Chief Financial Officer (CFO), effective December 26, 2025, following a committee recommendation disclosed via a regulatory filing. The company also stated that Bindu A.L. will continue as CFO and Key Managerial Personnel (KMP) of Manappuram Finance, indicating the new role is positioned at the group level while maintaining continuity at the listed-entity CFO position. Buvanesh is a Chartered Accountant with nearly three decades of experience and has held senior finance leadership roles at RBL Bank, Jana Small Finance Bank (as CFO), and Citibank in India and overseas. Manappuram indicated his mandate will include strengthening governance, improving capital efficiency, and supporting long-term business strategy across the group. Separately, the board approved an additional equity investment of up to ₹250 crore in its subsidiary Asirvad Micro Finance Ltd, to be executed in one or more tranches subject to regulatory approvals. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.