23 Sep 2025 | 3 Mins Read
Kotak Mahindra Capital issues Manappuram Finance open offer update
Flipitmoney
Bain Capital's BC Asia Investments XXV Limited receives SEBI approval for a 26% stake open offer in Manappuram Finance, covering 24,42,27,387 shares. The offer awaits RBI clearance. If successful, payments will be made within 10 working days. The offer is part of a ₹4,385 crore investment announced in March 2025.