Zero shares tendered in Bain Capital open offer for Manappuram Finance

Capital Market Events View source PDF Explain this filing

MANAPPURAM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+5.2%Reaction day

₹269.00

prior close

₹270.10

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%+4.4% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector+0.2%+5.0% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Smallcap 250 and 5.0 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+1.0

15m

+0.9

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.2+0.8+4.4+0.2+5.0

Next day

+9.5+1.9+7.6+0.1+9.4

+8.6+1.3+7.3+0.0+8.5

+7.7+0.2+7.5-0.9+8.5

+8.0+2.0+5.9+0.0+8.0

+9.1+2.1+7.0+0.0+9.1

+10.4+2.1+8.2-0.0+10.4

15d

+15.6+2.5+13.1-1.9+17.5

+20.3+2.5+17.7-3.4+23.6

+22.1+9.0+13.1-2.9+25.0

+30.9+10.5+20.3-4.0+34.9

UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

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

AI summary

Bain Capital (BC Asia Investments and PACs) open offer to buy up to 24.42 crore equity shares (26% of expanded voting capital) of Manappuram Finance from public shareholders received zero tendered shares as of April 20, 2026. The open offer is managed by Kotak Mahindra Capital per SEBI SAST Regulations, with the Letter of Offer dated March 25, 2026. Shares tendered are subject to validation and acceptance by the acquirer.

Likely market impact

Zero participation signals public shareholders found the offer price unattractive versus market value; may pressure the offer price or lead to a renegotiation.