Manappuram Finance Limited has informed the Exchange regarding 'Taking charge as new CEO of Manappuram Finance Limited - Mr. Deepak Reddy'.

Management Changes View source PDF Explain this filing

MANAPPURAM · price

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Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹253.30

prior close

₹252.35

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.6%-0.7% vs market

Non Banking Financial Company (NBFC) peers, median of 188sector-0.3%-2.0% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 2.0 pts less 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.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

-2.3-1.6-0.7-0.3-2.0

Next day

+4.0-0.7+4.7-0.3+4.3

+2.0-1.0+3.0-0.4+2.4

+1.1-2.2+3.2-1.6+2.6

+3.4-2.3+5.7-1.1+4.5

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15d

+6.2-0.5+6.7-0.3+6.5

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+12.9-1.6+14.5-2.2+15.1

+5.8+1.7+4.1+1.5+4.3

UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 188Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Manappuram Finance Limited has confirmed that Mr. Deepak Reddy has taken over as the new Chief Executive Officer of the company with effect from August 1, 2025. His appointment was first communicated to the stock exchanges on May 9, 2025, and the transition has now been completed. Following this change, Mr. V P Nandakumar's designation has been revised from 'Managing Director & CEO' to 'Managing Director' effective end of business hours on July 31, 2025. Mr. Nandakumar will continue as Managing Director, and the new CEO will report to him. The disclosure is made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

Likely market impact

This is a leadership transition with continuity — the founder-promoter V P Nandakumar remains at the helm as Managing Director, which should provide stability, while the new CEO brings fresh executive focus on day-to-day operations. Investors should view this as a planned succession move rather than a disruption.