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MANAPPURAM · Manappuram Finance Limited · BSE · Filed 23 Jun · 1 min read

Manappuram Finance to Weigh Fund-Raising via NCDs and Commercial Papers on 23 June

The lender's board will meet on Tuesday, 23 June 2026 to consider raising funds through listed non-convertible debentures, bonds and commercial papers, alongside a proposed increase in its borrowing limits.

What was filed

Manappuram Finance Limited informed the BSE and NSE that its Board of Directors will meet on **Tuesday, 23 June 2026**. The agenda, as stated in the filing, is to consider and approve the raising of funds, including by way of issuance of listed Non-Convertible Debentures/Bonds and Commercial Papers.

The intimation was made under Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions that require advance notice of board meetings where fund-raising and debt-securities matters are taken up.

Tied to a borrowing-limit increase

Per the filing, the proposed fund-raising is part of a planned **enhancement of the borrowing limits** of the company under Section 180(1)(c) of the Companies Act, 2013. The company noted that this enhancement is subject to the approval of its shareholders.

The filing does not specify the amount the company intends to raise, the size of the proposed borrowing-limit increase, the tenor, or the pricing of any instrument. Those details, if approved, would follow the board meeting.

For a non-banking lender, debt issuance and borrowing-limit headroom underpin its ability to fund lending; this intimation flags that decisions on both are pending board and shareholder approval, with specific terms not yet disclosed.