Acquisition / mergerNotableFiled on BSE ·

Manappuram Finance announces director resignations, appointments, and designation changes

Manappuram Finance · Finance

Arthneeti Research DeskPublished 1 min read

Key highlights

  • Six Independent Directors resigned effective May 5, 2026, per shareholder agreements
  • Six new Directors including Rishi Mandawat, Ashish Kotecha, and four Independent Directors appointed effective May 5, 2026, subject to shareholder approval
  • Dr. Sumitha Nandan redesignated as Executive Director and Vice-Chairperson; CFO changes with Mrs. Bindu A.L moving to Head of Finance Center and Mr. Buvanesh Tharashankar appointed CFO, effective May 5, 2026

Why it's rated notable: No amount is stated; six Non-Executive Independent Directors resigned effective May 5, 2026 and two Investor-nominated directors and four independent directors were appointed subject to shareholder approval, so the level is medium.

Original filing

Board Meeting Outcome for Change In Directors And Management

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.