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Published on 6/22/2016 in the Prospect News Emerging Markets Daily.

India’s Manappuram Finance to issue up to Rs. 400 million debentures

By Tali Rackner

Norfolk, Va., June 22 – Manappuram Finance Ltd. informed the Bombay Stock Exchange that it plans to issue up to Rs. 400 million of secured redeemable nonconvertible debentures.

The bonds will be issued by way of private placement on June 28.

The non-banking finance company is based in Thrissur, India.


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