Change in Management

Manappuram Finance Limited granted 4,28,568 employee stock options under its ESOP 2025 scheme to eligible employees, intended to boost retention and performance. The Board deferred its decision on enhancing borrowing limits up to Rs. 1,00,000 Crore through Non-Convertible Debentures/Commercial Papers, pushing the agenda to a subsequent meeting. Additionally, two Senior Management Personnel were reclassified due to internal departmental and reporting realignments.