India’s Manappuram sets board meeting to consider Rs. 2 billion notes

By Susanna Moon

Chicago, Aug. 30 – Manappuram Finance Ltd. notified the Bombay Stock Exchange that it has set a board meeting for Sept. 8 to consider plans to issue Rs. 2 billion of secured redeemable debentures.

The bonds would be issued in a private placement, according to the notice.

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

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