Manappuram Finance raises Rs 75 cr via debentures

manappuram-nandakumarManuappuram Finance today announced that it has raised Rs 75 crore by allotting 750 secured redeemable non-convertible debentures.

Each debenture has a face value of Rs 10 lakhs.

Last week the company had hinted in raising Rs 75 crore through secured redeemable Non-Convertible Debentures.

Manappuram Finance is a non-banking financial company based in Kerala.