Manappuram Finance shares drop 2% after RBI gives nod for Rs 4,385 crore Bain Capital dealManappuram Finance shares drop 2% after RBI gives nod for Rs 4,385 crore Bain Capital deal

Introduction

Manappuram Finance Limited received RBI approval for Bain Capital investment of ₹4385 crore, enabling joint control and proposed stake acquisition through open offer process.

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Share price movement of Manappuram Finance

On March 19, 2026, Manappuram Finance Ltd opened at ₹267.70, down 0.85% from its previous close of ₹270.00. It reached a high of ₹273.20 (1.19%) and a low of ₹262.65. By 3:01 PM, it traded lower, with a market cap of ₹22,422.06 crore.

Manappuram Finance Control Approval

Manappuram Finance Limited announced that Reserve Bank of India has granted all approvals for Bain Capital to acquire joint control.

The approvals cover subsidiaries Asirvad Micro Finance Limited and Manappuram Home Finance Limited for indirect change in control following Bain Capital’s proposed ₹4,385 crore investment in the company.

Post investment and open offer, Bain Capital will hold 18.0 percent to 41.66 percent stake, while promoters will hold 28.9 percent, with joint control and board reconstitution planned.

Stock performance of Manappuram Finance for Period of 1 week, 6 months, and 1 year

Manappuram Finance delivered a 1-week return of 5.65 percent, a 6-month return of -5.76 percent, and a 1-year return of 26.2 percent.

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Shareholding Pattern of Manappuram Finance

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	35.30%	35.30%	35.30%
FII	28.80%	30.20%	29.70%
DII	11.20%	9.20%	8.60%
Public	24.80%	25.40%	26.40%

About Manappuram Finance

Manappuram Finance Ltd (NSE: MANAPPURAM) is a systemically important non-deposit taking NBFC offering gold loans, money exchange, and various fund-based and fee-based financial services.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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