26 Feb 2026 | 5 Mins Read
Manappuram Finance CEO Deepak Reddy on medical leave
Flipitmoney
Manappuram Finance's CEO Deepak Reddy will be on 90-120 day medical leave starting February 25, 2026. The company recently received RBI approval for Bain Capital's acquisition of up to 41.66% stake and joint control, subject to conditions, with Bain Capital investing approximately ₹4,385 crore and making a mandatory open offer to public shareholders at ₹236 per share.