Kotak Mahindra Capital Company Ltd has informed the Exchange that in relation to the Open Offer Nil Equity Shares, have been tendered in the Open Offer Escrow Demat Account namely "MIIPL MANAPPURAM FINANCE OPEN OFFER ESCROW DEMAT ACCOUNT" opened with Ventura Securities Ltd bearing depository participant identification number IN303116 and the client identification number 15544837, as per Open Offer Escrow Demat Account statement received by the Manager to the Open Offer from Ventura Securities Ltd, as at 17:07:48 on April 7, 2026.
MANAPPURAM · price
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On the reaction day the stock moved 2.1 pts more than Nifty Smallcap 250 and 2.4 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kotak Mahindra Capital Company, acting as Manager to the Open Offer, has disclosed the status of share tendering in the open offer for Manappuram Finance. BC Asia Investments Xxy Limited along with 7 Persons Acting in Concert (PACs) are offering to acquire up to 24,42,27,387 equity shares representing 26% of the expanded voting share capital from public shareholders. The disclosure dated April 7, 2026 indicates that Nil (zero) equity shares have been tendered in the Open Offer Escrow Demat Account as of 17:07:48 on that date. The tendered shares are subject to validation and verification of complete document submission, and the actual accepted shares may differ from those tendered.
This is a routine regulatory disclosure showing zero shares tendered so far in the open offer process. The open offer is being made under SEBI (SAST) Regulations with a Letter of Offer dated March 25, 2026. Shareholders have yet to tender their shares.