Manappuram Finance shares in focus as Bain Capital to acquire 18% stake for Rs 4,385 crore

Manappuram Finance shares are expected to rise as Bain Capital acquires joint control with an 18% stake for Rs 4,385 crore. The investment aims to drive growth, enhance operations, and strengthen leadership. Promoters will remain fully invested, and the deal includes a mandatory open offer for an additional 26% stake.

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