Manappuram Finance Limited 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 17:03:50 on April 8, 2026.
MANAPPURAM · price
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Kotak Mahindra Capital Company Limited, as manager to the open offer, has disclosed that Nil Equity Shares have been tendered in the Open Offer Escrow Demat Account as of April 8, 2026. BC Asia Investments Xxy Limited, along with 7 persons acting in concert (PACs), is making an open offer to acquire up to 24,42,27,387 equity shares representing 26.00% of the expanded voting share capital of Manappuram Finance Limited. The offer was launched pursuant to SEBI (SAST) Regulations with the Letter of Offer dated March 25, 2026. The tendered shares remain subject to validation and verification of complete documents before acceptance.
This routine disclosure indicates that as of the reporting date, no shareholders have tendered their shares in the open offer escrow account. The offer is still active and shareholders can continue to tender shares until the offer closes, with acceptance to be determined as per SEBI regulations.