Manappuram Finance Ltd

⚠️ SEBI Issues Warning to Manappuram Finance Chairman Over Delayed Share Disclosure

- SEBI issued an administrative warning letter to Mr. V.P. Nandakumar, Chairman and Managing Director of Manappuram Finance Ltd, in his personal capacity.

- The warning was for delayed disclosure of encumbrance/pledge of his shares in the company.

- The delay was 7 days: transactions occurred from September 21-24, 2018, but disclosure was made on October 11, 2018.

- No financial or operational impact on the company, as the warning was issued personally to Mr. Nandakumar.