Bain Capital to acquire 18% stake in Manappuram Finance for Rs 4,385 crore via affiliates

March 20, 2025

Bain Capital has agreed to acquire joint control in Manappuram Finance by investing Rs 4,385 crore for an 18% stake. The transaction will trigger an open offer for an additional 26% stake. Existing promoters will maintain a 28.9% stake. Manappuram Finance aims to fuel growth and expand with Bain Capital’s support.

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