Manappuram Finance Ltd Investment & Leadership and Bain Capital Deal Update
MANAPPURAM ₹250 Cr investment in Asirvad MFI; Buvanesh Tharashankar as Group CFO (30+ yrs experience). Borrowing limit up to ₹75,000 Cr approved. Shares up 5% after clarifying no delay in Bain's ₹4,385 Cr deal (joint control); RBI approvals pending. Earlier 10% tumble on RBI objection reports (Jan 2026).
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