Manappuram Finance Limited has informed the Exchange about Copy of Newspaper Publication
MANAPPURAM · price
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Manappuram Finance Limited has informed the stock exchanges about the publication of the recommendation of its Committee of Independent Directors (IDC) for the public shareholders. The recommendation relates to the open offer made by BC Asia Investments XXV Limited (Acquirer) along with persons acting in concert including Bain Capital Asia Fund V, L.P. and other BC Asia entities. The IDC approved the recommendation at its meeting held on March 27, 2026, in compliance with Regulation 26(7) of SEBI (SAST) Regulations, 2011. The recommendations were published on March 30, 2026 in four newspapers — Financial Express (English), Jansatta (Hindi), Deepika (Malayalam, Thrissur) and Navshakti (Marathi, Mumbai). This is a mandatory regulatory disclosure and copies of the newspaper publications have been submitted to BSE and NSE for records.
This is a procedural compliance filing related to the ongoing Bain Capital open offer for Manappuram Finance. Shareholders should review the IDC's recommendation to assess whether to tender their shares in the open offer. The IDC's view typically helps public shareholders make an informed decision on the offer price and fairness of the deal.