Manappuram Finance Completes ₹4,385 Crore Preferential Issue to BC Asia Investments
Manappuram Finance has successfully completed a ₹4,385 crore preferential issue involving allotment of 9,29,01,373 equity shares and equal number of warrants to BC Asia Investments XXV Limited and BC Asia Investments XIV Limited respectively at ₹236 per unit. The transaction, approved on March 27, 2026, results in combined 18% shareholding on fully diluted basis and triggers mandatory SEBI SAST disclosure requirements along with open offer obligations for acquiring additional 26% stake in the company.
