Outcome of Board Meeting

Manappuram Finance Limited's board approved granting 4,28,568 employee stock options under its 2025 scheme to eligible employees and subsidiaries. The board also decided to defer a decision on enhancing borrowing limits to Rs. 1,00,000 Crore. Additionally, two Senior Management Personnel were reclassified due to internal reporting realignments. The ESOP grant is a minor equity dilution and a standard compensation tool. The deferred fundraise indicates cautious capital planning.