Business and Finance
Source: (remove) : Goodreturns
RSS • JSON • XML • CSV
Business and Finance
Source: (remove) : Goodreturns
RSS • JSON • XML • CSV
Tue, March 18, 2025
[ Tue, Mar 18th ] - Goodreturns
Manappuram Finance Eyes Fundraise On March 20 Board Meet; What Should Investors Expect?
Sat, March 8, 2025
[ Sat, Mar 08th ] - Goodreturns
1:10 Stock Split of Pharma Stock: Record Date Set For March 21; What Investors Should Do Next?
Mon, March 3, 2025
[ Mon, Mar 03rd ] - Goodreturns
Indian Stock Market Faces Turbulence As Investors Lose Rs 40 Lakh Cr Amid Tax Changes
Tue, February 11, 2025
[ Tue, Feb 11th ] - Goodreturns
Top 10 Businesses To Start In India Under Rs 50,000 Budget : 2025 Edition
Thu, January 23, 2025
[ Thu, Jan 23rd ] - Goodreturns
Budget 2025 Expectations: What's In Store For Taxpayers Under The New Tax Regime?
Mon, January 20, 2025
[ Mon, Jan 20th ] - Goodreturns
Enbee Trade & Finance Board To Consider Stock Split, Bonus Issue And Dividend On January 27
Fri, January 10, 2025
[ Fri, Jan 10th ] - Goodreturns
1:2 Stock Split of Auto Stock: 31st January Record Date; Top Pick For 2025?
Thu, January 2, 2025
[ Thu, Jan 02nd ] - Goodreturns
Good News For Taxpayers! Now, You Can Claim Tax R .. Section 87A; Eligibility, Benefits, How To Claim?
Sun, December 29, 2024
[ Sun, Dec 29th 2024 ] - Goodreturns
1:1 Bonus Shares: January-3 Record Date; Buy Now To Unlock Wealth In New Year?
Sat, December 14, 2024
[ Sat, Dec 14th 2024 ] - Goodreturns
1:2 Split: Tata's Auto Stock Just Rs 95 Away From .. k Low, Prices Hike Update; Buy For Rs 900-1100 TP
Sun, December 8, 2024
[ Sun, Dec 08th 2024 ] - Goodreturns
1:1 Bonus, 2:1 Stock Split: Record Date on Dec 20 .. You Buy This Small-Cap Gem with 177% 5Y Returns?
Thu, December 5, 2024
[ Thu, Dec 05th 2024 ] - Goodreturns
Year Ender 2024: Here's List of Top 10 Richest Persons In The America

Manappuram Finance Eyes Fundraise On March 20 Board Meet; What Should Investors Expect?


Published on 2025-03-18 05:21:54 - Goodreturns
  Print publication without navigation

  • Manappuram Finances share price surged during early trading on March 18 in preparation for its board meeting on March 20 to address the fundraising move. Manappuram Finances shares started Tuesday at Rs 213 on the BSE,

Manappuram Finance is set to hold a board meeting on March 20, 2024, to discuss potential fundraising strategies, which could involve issuing equity shares or other securities through various methods like private placement, QIP, or preferential issue. This move comes as the company aims to bolster its capital base amidst a backdrop of robust financial performance, with a reported 37% year-on-year increase in consolidated net profit to Rs 498 crore in the third quarter of FY24. Investors are keenly watching for details on the fundraising amount, the method of capital raise, and the intended use of the funds, which could signal the company's growth plans and financial health. The market's reaction will likely hinge on how these plans align with the company's strategic goals and the broader economic environment.

Read the Full Goodreturns Article at:
[ https://www.goodreturns.in/news/manappuram-finance-eyes-fundraise-on-march-20-board-meet-what-should-investors-expect-1412429.html ]