Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Manappuram sells 18% to Bain for ₹4,385 cr
The New Indian Express Madurai
|March 21, 2025
THE second largest pure-play gold loan player Manappuram Finance has inked a deal with Bain Capital, under which the latter will acquire 18% in the Thrissur, Kerala-based company for ₹4,385 crore.
The deal also leads to an open offer by the private equity major for an additional 26%, reducing the current promoters—VP Nandakumar family—stake to under 30%.
Following the fund infusion of ₹4,385 crore, the investor will be classified as a joint promoter with board representation, Manappuram Finance said in an exchange filing on Thursday.
The stake will be purchased by Bain Capital Asia (through its affiliated BC Asia Investments XXV and BC Asia Investments XIV) through a preferential allotment of shares.
Dit verhaal komt uit de March 21, 2025-editie van The New Indian Express Madurai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Madurai
The New Indian Express Madurai
Big cat that killed 13 cows in Gudalur caught in cage
Amale tiger which is suspected to have killed 13 cows was trapped in a cage at Devar-sholai in the Gudalur forest division early on Saturday morning.
1 min
November 30, 2025
The New Indian Express Madurai
Pak to be blamed for Op Sindoor: Singh
Defence minister says empathy central to public service
2 mins
November 30, 2025
The New Indian Express Madurai
User-friendly app: EC seeks public response
THE Election Commission (EC) has invited all citizens to download the ECINet App and give suggestions to make the application more user-friendly till the 27th of next month.
1 min
November 30, 2025
The New Indian Express Madurai
Indus Valley Civilisation collapsed after years of drought, says study
A series of prolonged and severe droughts lasting more than 85 years each likely drove the gradual collapse of the Indus Valley Civilization (IVC), according to a new study published in Nature.
1 min
November 30, 2025
The New Indian Express Madurai
Ongoing crisis within AIADMK caused by BJP, alleges Thiruma
VCK leader and Chidambaram MP Thol Thirumavalavan on Saturday blamed the BJP for the ongoing crisis in the AIADMK.
1 min
November 30, 2025
The New Indian Express Madurai
26-yr-old slits girl's throat, dies by suicide in Aravakurichi
A 26-year-old electrician died by suicide after slitting the throat of his 16-year-old female acquaintance, a Class 12 student, near Aravakurichi in Karur.
1 mins
November 30, 2025
The New Indian Express Madurai
Tracking names from ’03 voter list huge challenge for many in U’khand
THE office of the Uttarakhand Chief Electoral Officer (CEO) has released the 2003 voter list for the special intensive revision (SIR) of poll rolls, but tracing names from that period is a challenge for many residents.
1 mins
November 30, 2025
The New Indian Express Madurai
AWESOME TWOSOME IN FEARLESS FILMMAKING
PARNA Sen’s 36 Chowringhee Lane (1981) was a landmark in my formative years as a film buff. I am not sure where I watched it. But what has stayed with me till date are Jennifer Kendal’s eloquent presence as the quiet and secluded Anglo-Indian teacher Violet Stoneham, and Ashok Mehta’s camera that captures the many shades of loss and solitude that imbue the film, and the textures of a fading world it is set in. It was about underscoring the tenuousness of a community as well as the vulnerability of an individual.
3 mins
November 30, 2025
The New Indian Express Madurai
In a first in country, Bengal governor renames Raj Bhavan to Lok Bhavan
WEST Bengal Governor C V Ananda Bose on Saturday renamed the Raj Bhavan in Kolkata to ‘Lok Bhavan’ following a Centre’s directive issued on November 25. The Governor’s office issued a notification along with a video in this regard. It said that Bengal is the first state in the country to change the name of the Raj Bhavan.
1 min
November 30, 2025
The New Indian Express Madurai
Her Loudest Choice
Yami Gautam speaks about her latest film, Haq, and why the story of Shah Bano is relevant to every woman, irrespective of religion or social status
3 mins
November 30, 2025
Listen
Translate
Change font size