August 17, 2012

 

Press Release No. 1

Clarification by Manappuram Finance Limited

 

Substantial increases in trading volumes have been observed in Manappuram Finance Limited.

 

Manappuram Finance Limited has clarified vide its letter; "We would like to inform you that there is no price sensitive information/announcement including pending information related to our company and we believe that the stock movement during the recent period is purely market related. However we would like to clarify that, company has filed an application for in principal approval for listing NCDs to be issued on private placement aggregating Rs 58 crs and BSE has granted the same on 16th August 2012”.