Manappuram Finance gets RBI approval for Bain Capital’s bid to acquire joint control
The definitive agreements for this deal were executed on March 20, 2025, under which Bain Capital had committed to invest approximately ₹4,385 crore to acquire an 18.0% stake on a fully diluted basis through preferential allotment of equity shares and warrants at a price of ₹236 per share
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